BESI: positive long term momentum but short term doubts
The long term trend is positive, but short term perspectives don't explain us which way we will go out. I suppose that the market will chose a way up. The Elliot Wave Oscillator and the Squeeze Momentum both indicate that choosing one way will be with great conviction. Given a solid positive long trend, the way will be up! First of all the recent highs have to be broken.
Trade active
I'm in @ 48,34.Note
Next target: 49,98Note
Through the resistance: next target = 51,29. Note
An intraday top is set, this can lead to a resistance on the short term. Still long!Note
Wow! Note
Wow! 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.