optimizedtrading

📈Trend continuation for STLA

Long
BATS:STLA   Stellantis N.V.
Hey guys,
I previously posted a larger degree bullish move for STLA and this is a lower degree bullish move along the way that can be taken.
We see the following indicators that increase the probability of a bullish move,

1. Nice clean larger degree impulse
2. Clear corrective structure down to 61.8%
3. Impulse on lower degree breaking out of larger degree trend line
4. Lower degree correction breaking previous high
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