years on the market

Trading ideas for Arcelor Mittal (EURONEXT) 25.08.2020

#MT

The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator showed an exit from the oversold zone. A break of 9.96 will result in the formation of an ascending pattern of 1-2-3.

Trading recommendations:

Buy above 9.96.

Stop Loss: 9.52.

Target levels: 10.50; 11: 00.

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