Stellantis: Bearish ABCD with Multiple Monthly Confirmations

By RizeSenpai
Stellantis: The Nvidia of Autos has formed a Bearish ABCD that is visible on the Monthly Timeframe with MACD Bearish Divergence and Bearish PPO Confirmation. If this plays out, we could see this go towards the C level, which aligns with the 0.786 retrace at €4.48
AB=CDautomotiveautosBearish AB=CDbearishdivergenceHarmonic PatternsmotorsstellantisSTLATrend Analysis
RizeSenpai

Related publications

Disclaimer