IBERSOL - IBSDisclaimer
The writer of these ideas is a long-term investor who owns their securities.
Its withdrawal period is a minimum of 24 months to infinity, therefore these withdrawals should not be taken without examination and advice from qualified parties.
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IBERSOL - IBS in portugal
A company dealing in fast food restaurants in Portugal, Spain and England.
The closure of the world in Corona caused the company to crash to the point where it is really cheaper than it is worth.
It recently sold the Burger King restaurants to a British company which will bring in cash flow for the company to continue healthier operations in the brands it already markets.
In my opinion, the Portuguese market is very interesting and does not get exposure at all, its cycles are very small, so patience is required.
Until a few months ago I was still dealing in real estate in Portugal and in my opinion the capital market there is really underutilized.
I am attaching a graph of Ibersol against the PSI20 index
IBS
$AGE IBS Squeeze potential Inside bar squeeze super simple set up day one is the big move day 2 is the day thats down 50% ish then day 3 is the parabolic move
EURNZD H1 - SHORTA trade to look out for tomorrow. This will be a countertrend trade where prices are at a H4 resistance area.
Looking for a further push up, deeper into the zone before a breakdown and continuation move for a SELL opportunity.
Otherwise, wait for a true breakout and retest for next week.