years on the market

Trading ideas for Electricite de France (EURUNEXT) 01.09.2020

#EDF

The stock is trading in the range of the lower limit of the ascending price channel. Stochastic Oscillator showed an exit from the oversold zone. A breakout of the resistance level of 8.95 will result in the formation of 1-2-3 (an upward pattern).

Trading recommendations:

Buy above 8.95.

Stop Loss: 8.70.

Target levels: 9.14; 9.56.

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