The general trend is ascendant. The trend continuation figure “flag” has formed. Awesome Oscillator indicates bullish divergence. The upper border of the pattern is breached.
Trading idea:
Buy when the ascendant pattern ABC is formed — when the 163.58 is breached.
Stop-loss: 161.75.
Target level: 167.80 (the size of the …
News of the day, Wednesday, May 4
Citigroup Inc.'s London trading desk was behind the sudden collapse that sent stocks plummeting across Europe. A trader at the U.S. firm made a mistake, Citigroup said. A five-minute sell-off in Swedish stocks wreaked havoc on exchanges from Paris to Warsaw, wiping out …
#GREE
The general trend is ascendant. The descendant wave structure is truncated. Bears tested the moving average 365. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant …
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