STMicroelectronics NV (STM - Italy) is moving down in ABC flat pattern. In Daily it has completed some impulse sequence on the top shown in this chart. B wave was complex wxy correction, which was over. Price made 1st wave and 2nd wave correction is under progress. Wave 3rd down of C will now start anytime soon. Italy IT40 index is weaker in europe in last 2 days movement.