Tuimaz Zavod AvtobetonovozovInteresting company for a long run investment in the tracking production area, concrete field. Low volume less than 100 000 000 ₽ but speaking of a chart of the company it looks like ATR could go back to the 10.9 level where it was during first days of the september. Cherry on a pie is price in the moment of pumping do not go out of the R5/S5 pivots this means traders love the company and do not over-buy or over-sold it. Price target could be 280 ₽ or 360 ₽ for the common stock. Current relation of capitalisation to volume is 22.76 this means even due to low volume and low capitalisation company has a lot of minoritaries and this is good.
CONCRETE
Infrastructure Bill helping SteelTechnical Analysis
We are breaking out to a 52-week high, with heavy volume (100%+ stronger volume intraday vs its 10-day average volume)
First measured move target is at $32, which is coincidental with a Fibonnaci 61.8% level.
OBV is supportive of the overall uptrend.
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Take a look at USCR (US Concrete) which is rallying in my opinion based on the same infrastructure scenario.
If you would like a chart analysis on this symbol, please let me know.
USCR: Buy the last leg of an extended 5th wave, then flip shortUSCR has decent upside left in its 5th subwave of an extended ending diagonal pattern before it is due for a sharp trend reversal.
für Chronos: Jacobs EngineeringJEC is striking back for move to the hard resistance 64,64$. Prices shall not delcine 45$.