SINTERCAST AB

Sintercast to respect latest support level?

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I've marked out interesting events in the recent history of Sintercast. It impulses above a resistance zone, confirms the support and in one case fails to hold it. This time however, it seems like it will respect the support and an impulse might happen above the upper trend line. This is about as wild of a guess as I dare to make, but it looks interesting. Judging by RSI however, the support level might fail, but I'm certain if that's the case the downside won't be lower than 145 SEK.

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