TENARIS S.A. SPONS ADS EACH REP 2 ORD SHS

NYSE

TS

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Watch

if break up 30.30 this activate objetive to 37 in the medium term if not, the movement going for some time into de bear channel

+bullish divergences in macd and RSI +ABC finish

TS 7-17-17

+Triple resistance break +RSI bullish break +bullish divergence RSI +bullish divergence macd

TS is going to start the fifth wave at same time it execute a posibble cup with handle + bull divergence in RSI + bull divergence in macd (sorry for my english)

Tech analysis based on Elliott wave theory and basic support and resistance figures. elliott wave theory states the following must occur for the theory to be valid: 1. Leg 2 can not retrace beyond the beginning of leg 1 (confirmed) 2. Leg 4 can not retrace further than the end of leg 1 (in motion not confirmed) 3. Leg 3 can not be the shortest in comparison to...

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Candle buyers, followed immediately by candle sellers. And all this in conjunction with overbought. It is very important to use Volatility Stop indicator. At this level VIX, is needed.

good spot to go short....