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Trading idea for Lenovo Group (HKEX)

Lenovo Group (HKEX)
#LENOVO

The overall trend is upward.
The downward wave structures are truncated.
The Stochastic Oscillator indicates oversold conditions, while the Awesome Oscillator shows a bullish divergence.

Trading idea:
Buy upon the formation of an upward wave structure, where wave (A) breaks through the descending channel of the truncated wave pattern.

Stop Loss: 10.86
Target levels: 11.70; 12.40

作者 GC

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