The 359.50 support level held back sellers. A breakout of the price pivot zone of 368.00 will result in the formation of a 1-2-3 ascending pattern. Stochastic Oscillator indicates an oversold condition, and Awesome Oscillator shows a bullish divergence.
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Trading recommendations:
Buy at the breakout of the price pivot zone of 368.00.
Stop loss below the support level of 359.50.
Target levels: 383.00; 406.0