Russian steelmaker Mechel still cannot get out of its own way, unable yet to muster even a bear market rally. As crazy as it sounds it still can break lower out of the descending triangle highlighted below on the daily chart, first one.
On a more optimistic note, Russian internet firm Yandex has been basing along nicely within the context of an uptrend and is a long idea as the summer unfolds.
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Hi Chess, How about India, any thought about TTM which I hold?
Thanks!
Hi, JT. TTM needs to hold $22.50. Suffered some damage and trying to stabilize now.
lol two buddies who couldn’t agree on what to do
haha exactly