Trading idea for Commerzbank AG (BM)
#CBK
The overall trend is upward. The price pivot zone of 5.25 restrained sellers. Awesome Oscillator shows a Bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop …