VaidoVeek

STORA ENSO (STERV)

Long
OMXHEX:STERV   STORA ENSO OYJ R
Hi,

Strong support area 9.500 - 10.500.
Technical criteria:
1) Rejection from the trendline
2) Rejection from the Fibonacci retracement 62%
3) The round number 10.000
4) 50% drop from the recent high acting as a support
5) Historically really strong horizontal area acting currently as a support
6) Monthly EMA 100
7) Monthly EMA 200


Regards,
Vaido

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