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15 mai 2023 21:40

MT technical Breakdown on watch 

Arcelor Mittal NY Registry Shares NEWNYSE

Description

If retail earnings come in negative this stock could see further weakness.

A head & shoulders pattern has triggered which means we have to be aware of continued weakness to the downside.

A close above the neckline negates the pattern but being below key moving averages does not display signs of strength.
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