Channel line / 200 day ma bounce

By takemoreprofits
Updated
On trend line support and touched the 200 day moving average. The price has to move up in order to confirm stochastic divergence. Once confirmed, expect a move towards the top of the channel.

Buy: 12.00
Stop: 11.60
Target: 12.81 - 13.55 (6.75% - 12.92%)

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divegenceOscillatorsParallel ChannelTrend Lines

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