EWFcw

STMicroelectronics NV (STM - Italy) ABC flat wave pattern

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STMicroelectronics NV (STM - Italy) is moving down in ABC flat pattern. In Daily it has completed some impulse sequence on the top shown in this chart. B wave was complex wxy correction, which was over. Price made 1st wave and 2nd wave correction is under progress. Wave 3rd down of C will now start anytime soon. Italy IT40 index is weaker in europe in last 2 days movement.
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