Trading idea for Danone SA (EURONEX)

#BN

The overall trend is upward. The descending wave pattern is truncated. The support level of 57.86 is holding back sellers. Awesome Oscillator shows a bullish divergence, while 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 truncated pattern.

Stop Loss: 57.86.

Target level is 60.85.