Home About the company Daily reviews Trading ideas for Arcelor Mittal (EURONEXT) 24.09.2020

Trading ideas for Arcelor Mittal (EURONEXT) 24.09.2020

#MT

The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence. Stochastic Oscillator indicates an oversold condition.

Trading recommendations:

Buy strictly when the descending wave pattern is completed by the formation of an ascending pattern, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop Loss at the local minimum.

Target levels: 10.84; 11:58.

Author: admin
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