BnR Pattern at MTU

Updated
The news with respect to the turbine issue induces a sharp price slump. In the chart we have all characteristics of an BnR pattern with a downmove of one channel . Recently, also the price has reached and taken the minimum Fibo Retracement which is a necessary condition for a local bottom
Note
Still valid, also the upper target is decreasing
BNRbumpandrunbumpandrunreversalbottomChart Patternsmtuaeroengines

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