Bounce comingBOunce on the 50ma is coming either on monday or friday. People should go long on it either before the close of today or monday. Historically it has bounced on the 50 day moving averageLongby Quantstreetbets3
ARCELORMITTAL AT RESISTANCE LEVEL.I sold all my arcelormittal stocks, I believe it's going to make a pullback to around 13USD by TheTradingTraveller330
MT pullback from top: buy the dipWe had a long position up untill the last top. Then got stopped out today. This stock is still making it's way higher, this week we broke out of the trend channel and onto a new high since march. I think we are moving towards pre-march levels before year end, so still a lot of upside potential. We are now looking for a good entry again. We are approaching resistance at 15.242 in this consolidation after yesterday's high. MACD and RSI are all pointing down and looks like they have room to go down further. If we look at the trendlines we can draw from the channel we just broke out of we could pullback for 2-3 days before we go back up. Now it's best to wait and see if we can find a new solid resitance. We will probably trade sideways for a bit before we can rally again. To be clear, I was long on MT and made profit, wanted to take half of the top, but got stopped out today (stop probably a tad too tight). Will re-enter long at the right moment.Longby STATICERRORUpdated 1
MTS second impulse target to 14€ +21%ArcelorMittal has activated a second bullish impulse with target of 14€, +21% from current price.Longby compoundinterest7Updated 0
More downside on ARCELORMITTAL (MT) - daily chartArcelormittal is in a very nice and clean corrective structure after a sharp impulse to the downside. Expecting a new impulse down soon as MT is getting closer to its decision point. My first target would be the previous low at around €6.000.Shortby Driekeerdre1112
$MT Arcelormittal Alert set for Break of Downtrend Potential long opportunity on a break of the well defined downtrend which acted as resistance yesterday. Upside gains could be vast.Longby RedHotStocks113
ARCELORMITTAL Announcement DailyHey traders, ARCELORMITTAL is in bullish movement with a hammer buy candle and low buy volume. It is on a bullish slant then breaking the fibonacci, but without any buying force. Great likelihood of going on the last precedent above, if buyers have the appetite. They can fill the bullish gap but little buying power to come on the next high. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd0
ArcelorMittal (MT) end of year forecast - $37-$43 LONGI expect $37-$43 stock price for MT until the end of the year 2018. Longby junglUpdated 1
ARCELORMITTAL 21.9$ potential target price, +48%Arcelormittal MT may reach 21.9$ due to active double bottom, potentialy +48% from current price. Fibo level between 70.4 and 61.8 seems to be a support, stop loss at 14.52$. Sochastic RSI weekly is closing.Longby compoundinterest77
MT Buy Opportunity LoadingCommodities have remained very cheap against the recent rise in Major World Indexes. This includes iron ore. And this cheapness can create opportunities in the iron and steel industry. The price can get even cheaper. The analysis does not contain a very high quality risk / reward ratio, but I think it is possible to make very profitable trades based on this idea in lower time frames. Parameters Risk/Reward Ratio : 1 / 1.68 Stop-Loss : 13.632 Goal : 20.43 Longby NoldoUpdated 8
Turning point - Arcelor Mittal hugely undervaluedIf there is no recession then the true value of Arcelor it triple the current price. Steel manufacturers trade at huge discount when a crisis is expected. However, it is now hugely overdone for Arcelor Mittal. It is trading at 3x Operating Cashflow!! It means that in 3 years the value is earned in cash. Same for EBITDA 3x P/E is approximately 6x This is extremely cheap! Especially if they can refinance their debt at current low rates the P/E will even become cheaper. Perfect moment to step in!Longby TurkishBearCapital117
Algoritmo Thunder Green - Test 2Marcada la señal de entrada, punto de venta dinámico SHORT.Shortby mariano.millanancoUpdated 3
Almost time for a bounce in MTwave 5 is typically 61.8 , 100 or 123.6 of wave 1. There is slightly pd on higher timeframeLongby Nielsagaert111
ArcerlorMittal (MT) LongWaaaaaay too underpriced stock with amazing fundamentals. Tendency line broken and MA lines crossed. GIVE ME THE PIPS!!!!!Longby m_porcar2