Short term view - CHEMICALS (STXE600) : The pennant has been triggered, the target has not yet been reached.
The trend is still bullish, though slower. The invalidation level is below 970.10 pts.The target is at 1,037.00 pts.Arguments :
- The resistance has been reached, it causes the fall.
- The moving average is supporting prices.
- The pennant has been triggered, the target has not yet been reached.
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