PMIM - Bearish trend, a good deal to open new Long position?

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Hello Traders,
PMIM             after sideways trend, changed in bearish , today stopped on lower trendline ; FTSE             MIB bounce on support.

Anyone wanna share a different point of view? Help me to improve my graph? I'll appreciate it very much.

Thanks a lot in advice for your support/idea and thanks to
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