China Mobile Trading Analysis (11/07/2023)

#CHINAMOB
 

The trend is ascending. The downward wave structures are truncated. The triple wave reverse model 'Boguraev's Matryoshka' is forming. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 

Trading idea:

Sell at the breach of 62.96.

Stop-Loss: 61.99.

Target price levels: 64.30, 67.50.


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