DK_Investment_Consulting

Atlantia SPA - still to weak for rally - correction wave 2

Short
MIL:ATL   ATLANTIA
Atlantia breaks after 6 months out of accumulation area and is testing first resistance. I expect one more drop to 18.4 area which could form wave 2 from 1-2-3-4-5 Elliot wave . RSI is heavy overbought and MACD baselines have crossed = bearish indicator.
Trade closed: stop reached

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