Get started
Quantstreetbets

Continuation or Eminent Breakout?

Long
Arcelor Mittal NY Registry Shares NEW (NYSE:MT)  
Quantstreetbets  
NYSE:MT   Arcelor Mittal NY Registry Shares NEW
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
In my previous post i saw MT hitting the moving average, which it subsequently did and rebounded from.
At 23 MT is at a tipping point. Either it moons tomorrow and takes off towards 24 or pulls back to 22.75 and then bounces.
Looking further out i see the trend continuing and breaking out of the ascending triangle.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.