motleifaul

Cross Reistance

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motleifaul Atualizado   
MIL:1ADS   ADIDAS
In a clear downtrend we are facing a cross resistance. It makes me assuming that the recent rise has been a bearish correction. The overall market looks like being in a waiting mood however due to the weekend and the uncertainty about the next FED actions.
This is the risk. But I think that adidas as a producer of lifestyle products may suffer of consumers' reluctance more than the average consumer stocks.
Trade fechado: stop atingido
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