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compoundinterest7

ARCELORMITTAL MTS Bullish Divergence

Long
ARCELORMITTAL SA (BME:MTS)  
compoundinterest7  
BME:MTS   ARCELORMITTAL SA
Double Top or Bottom Moving Averages Oscillators MTS Divergence Bullish Patterns arcelormittal
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doubletoporbottom movingaverage oscillator mts divergence bullish arcelormittal
ArcelorMittal has activated a divergence with both MACD and RSI and with target price at 30.985€. I'd set the stop loss below 19.42€ because the structure would get inactivated. This is a short term structure but just as a reminder this company has a double bottom activated with target price to 54.10€.
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