$TS Weekly breaking out - 27 PT

NYSE:TS   Tenaris S.A
Tenaris is in the Steel manufacturing and supply business. With the recent passing of the infrastructure bill it's no wonder we are seeing a weekly breakout here.

Looking for more continuation this week with a near term PT to the next line of resistance $27 zone. Love to see the EMA's opening up and MACD bullish cross for confluence.

I'm in NOV $25 calls, already up 166%. I think there's more juice this week. Let's see :)


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.