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KatlehoThaba
Oct 21, 2022 6:43 AM

Channel break Long

ARCELORMITTAL SA LIMITEDJSE

Description

The stock is trading inside a descending channel is what seems to be a termination point for wave "C". It will be better to wait for a channel break and a safety zone to be created outside that channel. A safety zone is a little correction/consolidation structure that get created outside or after a channel/trendline get broken.
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