Friday, July 1

ArcelorMittal chart shows several favorable elements

At the close of the last session, the ArcelorMittal chart showed a dogi figure and a bearish reversal day. A gap was covered and the market is above yesterday’s closing price. A positive signal in the short term would be to violate yesterday’s 26.65. That would mean a continuation of the upward trend, towards 29.90 euros, “which is where I think the market is heading,” explains independent analyst Ramón Bermejo. The graph shows several favorable elements.

Leave a Reply

Your email address will not be published.