Medium term view - AUTOMOBILES & PARTS (STXE600) : The major support is close.
The trend has been momentarily interrupted by a correction. It approaches the support at 580.00 pts, which also is the invalidation level. It should cause a bounce and resume the bullish trend. The next target is at 745.70 pts. The invalidation level is below 580.00 pts.Arguments :
- The major support is close.
- The ADX is overbought.
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