Long term I am bullish. These are my price interests with full execution strategy.
O IBOV parece estar terminando seu movimento corretivo, sendo este um triângulo descendente ABCDE. Essa correção parece ser a onda 4 e possivelmente teremos uma onda 5 com projeção entre 67000 e 69000.
Why it forms: Market based on felling (no fundaments) What to expect: High Volatility If base line breaks; there could be strong sell off, and consolidation of third wave for IBOV
Lets test the power of chats... I bet there will be a good buy around 3,50 and 3,40 in the next few day... Keep Following ...
50% retrace based on global equities sell off. Looking sub 2.70 to get long.
Trend channel break, bearish H&S failure. Looking for dip sub 59,000 to get long.
A third wave, inside lower-trend, can take PETR4 back to 13,50 , or, if violent move takes places, 12,90 maybe a good buy.
Entry: 17,68 SL: 18,56 TP: 16:78
Complete Elliott Wave cycle (waves 1, 2, 3, 4 and 5); beginning of corrective waves A, B and C
Buy the breakout of the trendline; or Sell the breakout of channel
selling at 32.71; Targets: 28.86; 27.31; stop at 33.78;
Clear Break in USIM5 , positive day for IBOV, may give good gains for swing
Given the Brazilian markets upper trend , breaking 3,60 could be a great buy for USIM5 , maybe taking to new highs on 4,20.