ARCAD looking for trend continuation (13% profit potential)
Short term downward momentum is weakening and the MACD line is about to cross the signal line from underneath, indicating that the price is ready for some upward movement. Also, backed by 50MA support and trend line support indicating that trend continuation is very likely.
Entry: 36EU
Target: 41EU
SL: 33EU
Entry: 36EU
Target: 41EU
SL: 33EU
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