Hey traders, MAGNA INTERNATIONAL is in a fake bearish configuration with a high volume of sales executed at the end of the session with a hammer bear candle. On the TIMEFRAME M1 we can see a panic, it goes in the direction of its last precedent lower. Which is also on a strong support and renogiciation for a price increase to see. Strong possibility of breaking out the stabilization zone then arriving at another and going to the first top of it. Between three resistance to break with a symbolic number of 57.30.
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