The stock is trading in the support level range of 30.10 – 30.00. Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicator signals oversoldness. The formation of the 123 pattern will break through the inclined channel of the descending pattern.
Trading recommendations:
Buy while an ascending 123 pattern is forming, as the inclined channel of the descending pattern is breached.
Stop Loss – 30.00.
Target levels: 31.10. 32.00.