ArcelorMittal will face a support line at 6.79. I'm anxious to see what happens after that.
2 hour candlesticks shows a good view of ArcelorMittal
Gemalto will go back to 52.40, but after that it has a lot of potential to go up.
I think the chart explains more than i can explain in words ;) Back to 24.72 then increase to 25.60
Last week MTA reached his top from last year (8.24). What i expect from next month is a decrease to 6.79.
The flag is one of the most reliable continuation patterns, the original motion is almost always continued. It is preceded by a steep line (Flagstaff) and should be seen as a pause in the rise or fall. The flag is usually half way through the pattern and that makes it possible to determine a price target. The length of the movement for the flag is often the length...
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