ML will close two of it's factories in France, which means less expenses and more profits.The stock is oversold on RSI, broke mulitple support levels and has now stopped on a major support level. Bearish the next few days/weeks as many "low profile" investors will sell their shares, the oversold state and the major support level should give the right signals for high level investors to go bullish.
Trade closed: target reached
Time to sell now!Note
Screenshot of the high level investors' footprints (eg: hedge funds, banks, etc.)https: //i.ibb.co/bg88B77j/footsteps.jpg
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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.