Today we will analyze the stock ARCELORMITTAL (14020594.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in ARCELORMITTAL (14020594.MC)
1- Last bullish trend was from 61.60 $ (10/22/2007) to 66.45 $ (10/29/2007) a 4.85 $ move 2- The current bearish trend started from 66.45 $ at 10/29/2007 and is currently trading at 60.85 $.
3- 14020594.MC current support level is at 60.28 which is the 127.20 % fibonacci retracement of the last 4.85 $ move.
4- 14020594.MC current resistance level is at 61.60 which is the 100.00 % fibonacci retracement of the last 4.85 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
ARCELORMITTAL (14020594.MC) Short term stock chart patterns for internet stock trading :

None.
ARCELORMITTAL (14020594.MC) Mid term stock chart patterns for internet stock trading :

None.
ARCELORMITTAL (14020594.MC) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ARCELORMITTAL (14020594.MC) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 61.60, 62.17, 62.99, 63.45, 63.65, 64.02, 64.31, 64.60, 65.31, 66.45,.
Stock Support levels : 60.28,.