The stock is trading in the support level range of 39.00. Stochastic Oscillator indicator signals a change from a downtrend to an uptrend by crossing moving averages in the oversold level range (20). A descending truncated pattern of the M30 level has formed.
Trading reccomendations:
Buy while an ascending wave pattern is forming, where the wave (A) breaks through the inclined channel of the descending truncated pattern of the M30 level.
Stop loss: 39.00.
Target levels: 40.90; 42.40.
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