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Peet_Serfontein
Jul 14, 2021 5:42 AM

ACL: more downside? Short

JSE:ACL1D
ARCELORMITTAL SA LIMITEDJSE

Description

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A price action below 530 supports a bearish trend direction.
RSI leaves enough room for further downside potential.
The MACD crossover also supports a bearish trend direction.
Potential target 430.
Stop-loss a break above 530.
Trend AnalysisTechnical Indicators
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