NLMK Trading Analysis (02/11/2023)

The trend is ascending. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals oversold state.
 

Trading idea:

Buy at the formation of the ascending wave structure, when the A wave breaches the sloping channel of the descending truncated structure.

Stop-Loss: 188.70.

Target price levels: 193.50, 200.00.

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