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Peet_Serfontein

LIN: technical rating might increase

Long
LINDE PLC (XETR:LIN)  
Peet_Serfontein  
XETR:LIN   LINDE PLC
Trend Analysis Wave Analysis Chart Patterns Contains image
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trendanalysis waveanalysis chartpattern containsimage
The stock is working in a larger inclining channel pattern - supporting a bullish underlying trend.
Furthermore, a complex Eliott wave count is busy unfolding (see the red A, B, C, D and E).
Eventual upside to 333 and 346 seems likely.
Stop-loss at 288.
Key resistance at 314 and key suppport at 271.
Technical rating: medium
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