luiggih
Long

GALP ENERGIA SGPS

EURONEXT:GALP   GALP ENERGIA-NOM
Looks like we've an extended wave C. There is a ending diagonal triangle which suggest a trend reversal. Also you can see the bullish divergence de RSI is offering us.

Notice that the price has broken the strong resistance around 11.54 levels. I thing this is just a market move to clean all easy longs around that price before the next bullish rally starts.
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