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DmitryZZZ

CHMF Severstal, buy after retest. long

Long
Severstal (MOEX:CHMF)  
DmitryZZZ  
MOEX:CHMF   Severstal
Trend Analysis Chart Patterns Technical Indicators Metals severstal
0
0
trendanalysis chartpattern indicator metals severstal
Monthly
Uptrend
snapshot

Weekly
Uptrend with probable breakout up
snapshot

Daily
Above Weekly SR
Wait for retest and if it ok then open Long

OPEN 1100
SL 1025
TP 1228
RR 2

Duration 3 month


Looks healthy
Also taking into account that it signed contract with US on supplying steel, it could be positive active.
One risk factor is weak demand on steel due to COVID.

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