years on the market

Trading ideas for AmerisourceBergen Corp. (NYSE) 03.12.2020

#ABC

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. The moving averages of the Stochastic Oscillator have left the oversold zone. A breakout of the resistance level of 104.36 will result in the formation of a 1-2-3 ascending pattern.

Trading recommendations:

Buy above 104.36.

Stop Loss: 99.70.

The target is 110.37.

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