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€.
ArcelorMittal has activated a second bullish impulse with target of 14€, +21% from current price.
Marcada la señal de entrada, punto de venta dinámico SHORT.
Due to double top in one hour chart of MTS, the target of shorting is 26 EUR , around 3% down.
I can see 2 Supports and 1 Resistance in ArcelorMittal...They are having good benefits and good fundamentals, they also said to start giving dividends again...I think I will buy if the resistance is broken and long-term support resists! We need that 22 price to resist and also to break that 26,20 resistance!
Como concreté en la 1a idea long (proponía entrada tras correción para buscar long position) Oportunidad short con Risk/reward 2,33. Buscar correción hasta fibo 0.5 (candlestick pattern de entrada) stop si supera vela actual.
Tenemos el RSI bajo y la tendecia parece que tira para arriba... esperemos que suba :D
#A-MTS afternoon Comment: Following a higher surge during the EU session this morning. with the pair gained nearly 21 cent. The #A-MTS pair continue's to move up in a strong BULLISH trend as it did for past - days ( view Daily chart above ). On the other hand. #A-MTS is holding well above the long term 200 days simple moving average (that's why we dont...