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Long

DANIELI & C OFFICINE MECCANICHE S.P.A. (DAN) Still Bullish

MIL:DAN   DANIELI & C
As mentioned in the previous chart of DAN before, the share price was about to hike to €23.50. We have not reached that price yet, however it seems the share price is in a hurry to see that price. No LONG trading strategies are advised at this point as ratio risk-reward is negative. Besides, Danieli is value at €32.5 from a value point of view.
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