The context: * A large percentage of company's sales is done in USD (exportations), so high USDBRL -1.21% is good for the company. * The BEK prices (Bleached Eucalyptus Kraft) suffered a donw trend in the last months, affecting all the players of the sector (See ETF 0.00%% WOOD), but there is a moviment of price growning in course. * The company's 2Q/20216 results...
Still a chance to short in purple with low risk
The market confirmed the previous idea's foresincs, and now it migth come the time to a new wave of price increase. The correction occurred as made by hand: less than 20% price correction, stoped by a suport line with high Volume near the bollinger limits. Despite of the signs observed and pointed in the graph, it's still hard to say if the stock price will...
Since 06/01/2016 VALE5 has enraged in a rally that built up more than 20% of the stock price, alligned with the results of IBOV (> +16%). This excelent result was made by a huge entrance of foreign capital in the Brazilian market, propiciated by the maintenance of low interest rates worldwide. What we see in the graphs of VALE5 are signs of accendent confidence...
Correction at IBOV, with a estimated fall of 4.7% approximately giving a 50% retrace of previous rally.
brasil > com o dolar despencando , o indice vai da um grande pulo ! boas compras Usa > with the dollar falling, the index goes from a big leap! good long
Apesar do péssimo balanço da empresa,o papel OIBR4 vem tendo diversas altas consecutivas,indicadores mostrando um ótimo cenário,OBV,IFR,MOM. Póssivel guinada do preço por mais algum tempo.
Brazilian Index may go to the skies soon. Notice the volume in the formation.
After a nice rally (see related idea), downtrend back again on IBOVESPA Signs: -Hook and crossover on overbought region of StochasticRSI; -MD down closed on RSI (white circles); -Marubozu candle at top of rally, followed by bearish candle indicating exhausted rally; -Price hit a conjunction of important trend lines, on a region of resistance;
I see a decision region for the IBOV for the short term (less than a month). The breakout of this triangle shaped figure will determine the direction the index will take for longer terms.
Well, i believe that the dashed green line is a major support. Its a region of plenty RSI's UP MD (historically) and the dailly RSI is reaching the support of up trend. Its also the region of bottom of Wave 4 of the preceding rally. A look at the higher time frames will show that this is in fact a region of reversion, specially reversion from downtrends and...
Simple idea. There is this big flag, and price is reaching the base of this sideways channel. Two entries are showed on the chart, in case of being stopped on entry 1. Im bullish on bovespa, so i think this is a great opportunity and ITUB4 is one my favourite stocks to watch and trade. Thanks
At first i thought that wave (2) already had happened, but i changed my counting, and think that it is about to happen on next days or weeks. Three other technical signs agreed with this idea: the divergence of momentum indicators (indicated by purple trend lines), overbought condition on them as well and the fact that price is hitting a top of major channel. I...
As we inch in closer to the Olympics I've dug out one of the biggest property developers in Brazil to see where it could head. Bull case Broken out of long term bear trend line (red) and shorter term (black) Put in a higher high this year
Suzano indica reversão de tendência de baixa com o rompimento de hoje em 14.67. Indicadores seguem positivos: OBV e RSI confirmam tendência, além do rompimento com volume acima da média. Tem objetivos em 16.20 e em 18.30 ~ 19.00.
Possivel formação altista na VALE5