Iron and Steel for mines and quarries: : A Promising Opportunity
The stock exhibits several promising signals:
-Relative Strength Index crosses 50
Moving Average Convergence Divergence crosses signal line
Volume above Moving Average, except last day,
over the 200-day Moving Average
Touched the resistance level of 2.811 twice, forming a double bottom
Factors to monitor:
last day correction, it may test the 61.8% level at a stock price of 3
The stock price is at resistance, of the 50-day Moving Average
It will encounter very strong resistance at 3.41
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.