Severstal
Long

CHMF Severstal, buy after retest. long

265
Monthly
Uptrend
snapshot

Weekly
Uptrend with probable breakout up
snapshot

Daily
Above Weekly SR
Wait for retest and if it ok then open Long

OPEN 1100
SL 1025
TP 1228
RR 2

Duration 3 month



Looks healthy
Also taking into account that it signed contract with US on supplying steel, it could be positive active.
One risk factor is weak demand on steel due to COVID.

Aviso legal

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