Short term view - AUTOMOBILES & PARTS (STXE600) : The major support has been reached, it causes the bounce.
The trend is still bullish, though slower. The invalidation level is below 548.05 pts.The target is at 600.00 pts.Arguments :
- The major support has been reached, it causes the bounce.
- The MACD is overbought.
- The reaction at the resistance is weak, we anticipate its break...
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