Trading idea for Nestle SA (SIX)
#NESN
The general trend is descendant. The share is traded between 365 and 135 EMA. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel …