ArcelorMittal back at its previous topLast week MTA reached his top from last year (8.24). What i expect from next month is a decrease to 6.79.
Trade ideas
MT Bullishing Swing UpdateMT did not pull back as far as I hoped. But, still a great bullish gap the other day to try and take advantage of. I've updated the entry from 7.68 to 7.85 and moved the stop up to 7.53. I want this to trigger by EOD Wednesday 12/14/16. If it does not trigger by then, I will cancel. 3:1 Risk to Reward if it works out.
i prov that is is long its long since did it first time, i have learn that you can find out more about the camphy. you know if it a good stock to buy.
1. you need to study the camphy
2. know what your buying into
3. to understand the stock buiss
4. learn other people
5. have fun doing your work
MT Bullish SwingNot sure that it will pull back this far. Good retest gap today though. Long term support above stop. really good short term support level. May have missed this move, but if it can pull back to the entry, should bounce nicely.
Go Long MT as it is less than the book valueThe Price of this stock is less than the book value, and commodity prices are increasing.
ArcelorMittal going for a long position.Being new to technical analysis trying my first chart of ArcelorMittal.
After a long downward channel it broke out downward, my prognoses is that it will correct it self upwards toward the channel. Feel free to comment and add your opinion.
MTSE Buy signal following bullish trend#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 recommend any short trades on the #A-MTS for the coming days). The 50 and the 20 days simple moving averages are also confirming continuation of the well establish BULLISH trend.
CONCLUSION: As per above general BULLISH trend; Only Long trades to be considered following completion of any counter trend falling correction on the 30-minute chart. (Note: This conclusion is only valid as long as price is holding above the 200 periods simple moving (red dotted line) average the on the 30-M chart ). For the final Long entry signal please watch for the coming vertical Key Time Reversal Zone on the 30M chart (as presented on 30M chart below)
(c) This pair review has been published by TFF (TM) Forex Scanner Analysis team trendfollowingformula.com on Monday 2016.07.25 14:01:12 (GMT).
Arcelor Mittal, break out ahead?Important: :-)
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After summer comes winter. Logbook Entry *only in German*Only for my logbook.
Important: :-)
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Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
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Arcelor Mittal on the way to break out the falling wedge?Hey Guyz,
since my last update on Arcelor Mittal (Daily Hammer Signal) the share has expirienced a plus of 20% within the last 18 days. The Hammer which we have seen on daily confluenced with the 1.272 extension of former AB leg. Technically I am continuing still bullish on this share. There might be some resistance levels which could retrace the gains of the last two weeks. Anyway on short term there is increasing tension with which is manifesting in a falling wedge. I will keep you updated.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
ArcelorMittal seems to repeat history Hey guys!
I just found out some huge similarities between last years december and this years december of AM so far.
I'm expecting it to do the same thing as last year, just wanted to share my thoughts, I am pretty new to all of this stuff so don't be harsh on me :}
I'd call it the Christmasrush
Arcelor Mittal strong reversal candle on dailyHey crew,
Oversold Market, RSI Divergency, Hammer on Daily.
I do believe in a possible bullish rallye these days, maybe also a major upswing.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develope
Arcelor Mittal building some tension to rallye up?Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
$MT Price Target has hit. Great HPS Trade #stocks #stockaction$MT Price Target has hit. Great High Probability Trade from this week watchlist
