Tenaris looks like it still has some room to fall. Note the nice level we are forming at around $25.32. But we have a series of lower highs, indicating it cant quite cut it. Looks like smooth sailing to that Fibonacci level around $24.80. Looks like a good profit target.
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Join my discord at discord.io/quantguy
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.