AR:PATA - Signs of breaking current bearish trendImportadora y Exportadora Patagonia (PATA) shows signs of starting its way up. RSI, MACD and Momentum are increasing at a moderate rhythm, but most importantly prices are about to escape from the downward channel that began after May 04 (ARS 43,00). The current RSI, MACD, and Momentum values depict an interesting point of
There are some resistances to consider: In regards of pricing, the first resistance is around ARS 36,50, confirmed with five contacts. If surpassed, ARS 38,00 should be considered. MACD +0,40 and Momentum +2,80 should also be considered as a sell signal.
