The support level of 47.00 remains unbroken. Bullish divergence has formed on Awesome Oscillator. Stochastic Oscillator indicates oversold conditions. A breakout of 48.93 will result in the formation of an upward 1-2-3 pattern.
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Trading recommendations:
Buy on the breakout of 48.93.
Stop Loss: 47.00.
Target: 51.35; 59.00 — long-term.