Friends, Sunteck reality create a bullish head and shoulder chart pattern on weekly chart. Its looking very bullish for long term prospective currect stock traded on 570. My target is 900 and stop loss is 525. Please note this is only for educational purposes.
Arcelormittal MT may reach 21.9$ due to active double bottom, potentialy +48% from current price. Fibo level between 70.4 and 61.8 seems to be a support, stop loss at 14.52$. Sochastic RSI weekly is closing.
One of my personal tips. We are currently on nice price and we could see price around 32 - 36 soon again. It is going to take some time, but I am already slowly buying these stocks. This is technical analysis. Check for fundamental news for MT before investing.