The Italian stock Pirelli seems to be forming a nice cup and handle chart pattern! This bullish signal suggests us to wait for the right moment to go long. Besides, the stock price is just above the Ichimoku cloud meaning there are good chances to see a bullish momentum.
Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
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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.