Hello Guys,
Saipem is a long trade / first target at 4.17.
Bullish divergence on price oscillator and strong volumes are supporting several long white candles. Title has been supported by oil price's rise.
Very good risk/reward ratio.
See you soon,
Simone
Saipem is trading in an uptrend on a daily chart.
Zooming in at 1 hr chart, we see the beginning of a movement upwards with strong volumes - not shown here. Natural target at first resistance - 0.57
