ARRD trade ideas

gumbtg

25/Nov/2019 01:06 PM AUTHOR: Brandon Gum -- ======================

TurkishBearCapital

If there is no recession then the true value of Arcelor it triple the current price. Steel manufacturers trade at huge discount when a crisis is expected. However, it is now hugely overdone for Arcelor Mittal. It is trading at 3x Operating Cashflow!! It means that in 3 years the value is earned in cash. Same for EBITDA 3x P/E is approximately 6x This is...

mariano.millananco Updated 

Marcada la señal de entrada, punto de venta dinámico SHORT.

Nielsagaert

wave 5 is typically 61.8 , 100 or 123.6 of wave 1. There is slightly pd on higher timeframe

xtrader1

Looking for a retrace, then a move lower in ARCELORMITTAL

UnknownUnicorn121770 Updated 

Shortydo

Carlosdrcunha

Arcelor Mittal, sounds a good buy.

m_porcar

Waaaaaay too underpriced stock with amazing fundamentals. Tendency line broken and MA lines crossed. GIVE ME THE PIPS!!!!!

fanda

One of my personal tips. We are currently on nice price and we could see price around 32 - 36 soon again. It is going to take some time, but I am already slowly buying these stocks. This is technical analysis. Check for fundamental news for MT before investing.

Kevin_Tchoulfyan

Stop: 23.50 Target: 27€

Kevin_Tchoulfyan Updated 

CHXEUR:MTA is on its support at 24.1€ which has been tested 3 times by the past. We see the reaction on support with strong volumes. Momentum is rising were we can expect price increase on the next days TP1: 26.5 TP2:28.25

maasterk

Pin bar on support

mirleftdream Updated 

Due to double top in one hour chart of MTS, the target of shorting is 26 EUR , around 3% down.

Stoic-Trader Updated 

Arcellormittal formed an inverted H&S on the Weekly timeframe. Neckline has been broken and retested, and is currently rising on a nicely defined wedge. Leg D-E is underway, and should take us at least to the 35-40 range in the following weeks, which represents a 30-40% gain. Most probably entry point is @ 27.550, which would be leg 2 of D-E. In the H1...

Cocotrader67

SL breakeven as soon as the 1st target is hit.

ccerezo11 Updated 

Hi Traders, Looking for a buy inside the structure. However, watch for the brakeout! Sooner or later is happening. - Hola Traders, Buscando una compra en la estructura. Sin embargo, cuidado con la ruptura! Mas tarde o más temprano sucederá. Carlos

chrisvos Updated 

Hi guys, im back on tradingview. I see a short coming for arcelor mittal for a small 0.88% gain. GL

leakko

I can see 2 Supports and 1 Resistance in ArcelorMittal...They are having good benefits and good fundamentals, they also said to start giving dividends again...I think I will buy if the resistance is broken and long-term support resists! We need that 22 price to resist and also to break that 26,20 resistance!