Charlestrad3r

Breakout, pullback, repeat

Long
OMXCOP:MAERSK_B   A.P. MOLLER - MAERSK B A/S
A.P. Moller - Maersk
is an integrated container logistics company. Connecting and simplifying trade to help our customers grow and thrive. With a dedicated team of over 76,000, operating in 130 countries.

Weekly broke out of the falling wedge, retraced to the 0.5 Fib and now seeking to retest the wedge and currently pullbacked to the other fib 0.5.
Strong support at 8200, Daily 200 MA is at 8220, Fib 0.618 is a 8182, so multiple things points to 8200 being potential support.
Wait for a pullback and a bounce a 8200, or a bottom formation at current levels

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