NDA (Aurubis AG) Our expectations: Uptrend, with the correction giving us good buying opportunities after a bullish signal from the rebound bar. Possible growth up to 78
Alternative Scenario: If price passes below 64.90 this will signal a possible new downward movement where short positions will be a priority.
Comments: Upward movement and a correction to support levels 66.00
Correction to support levels 200 EMA and 38.2% Fibonacci
Reversal bar - price action signal for possible new upward impulse.
Three consecutive higher peaks of the last 3 bullish bars - bullish signal.
Stefan D. Angelov - Head of Stocks Trading
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