UPDATE: Arcelerormittal on track to the first target to R2.22

Arc from the last update completed the W Formation.

It finally broke above and what pressure there was for the buying and demand to kick in.

The Price is above 20 and 200 and the momentum is strong on the up.

This is a high probability long (buy) analysis

Target R2.22
arcelormittalarcelormittallongChart PatternsFundamental AnalysisjsesouthafricaTrend Analysis

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Timon Rossolimos
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(Pro trader since 2003)
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