Close to flipping a multi year S/R level

Long

ARCELORMITTAL SA (EURONEXT:MT)

Updated

EURONEXT:MT ARCELORMITTAL SA

Trend Analysis Support and Resistance Technical Analysis Bullish Patterns

trendanalysis supportandresistance technicalanalysis bullish

Recently a intermediate S/R level was flipped (dashed line). Next is a bigger one around 30.7$. after flipping that level next target is 40.7, and when that one is gained Im looking much further up. This is long term ofcourse since this is a weekly chart. One for my watchlist!

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