Short term view - AUTOMOBILES & PARTS (STXE600) : The RSI displays a bearish divergence.
Peaks and troughs overlap, they still define a bullish trend but it could also be an exhaustion. The next target is at 625.06 pts. The invalidation level is below 586.04 pts.Arguments :
- The major resistance has been breached.
- The RSI displays a bearish divergence.
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