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GOL | Brazil

By Cetan
Updated

PT1: 34.50
PT2: 44.50
PT3: 54.80


  • In @ 16.
    Add @ 24.10.
    Sell Zone: 99.10

Long bias on Brazil.
Note
GGOL had 2 for 1 stock split on 05/02/2017, for this reason the chart shows a 50% gap down, hence, all targets are halved (below) + the graph above is unusable.

PT1: 17.25
PT2: 22.25
PT3: 27.4

The corruption scandal involving the leaked recordings of bribery by Brazil's president leave a hazy macroeconomic outlook on the country, tread with caution.
Trade closed: target reached
Trade:
2017-04-18 15:19 - Buy @ 16.39 (Split-adjusted price)
2017-11-02 13:34 - Sell @ 21.06
Trade P/L: 28.49%
brazilEWZGOL
Cetan

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