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Trading Idea - #Stellantis

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NYSE:STLA   Stellantis N.V.
My trading idea for Stellantis : Buy / LONG

Target: USD 15.00 (+16% gain)

The carmaker formed by the merger of FCA and PSA will report its financial results on 28 July. Positive results are expected as margins have increased.

There is also a robust support line in the USD 11.00 to USD 12.00 range. This was successfully tested in July.

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