Vivendi will riselong-term vivendi trade
The price has broken out of a long-term resistance.
I split the trade in 2 positions.
at the first trade i broke out after the outbreak and placed my stop under the 78 retracement line.
I expect later with a backtest in which the course will return to the level. if this is the case i will place the 2 position which is meant for long term.
enjoy the way
logindaten
VIV
BULLISH Indicators! BUYTelefonica Brasil SA (VIV) looks good (BULLISH) right now.
Daily Chart
Trading Above the Cloud - BULLISH
Accum/Dist turning up - BULLISH
On Balance Volume turning up - BULLISH
Stochastic turning up - BULLISH
RSI moving higher - BULLISH
MACD turning up - BULLISH
Weekly Chart
All indicators mentioned above are BULLISH
The stock looks like it's going to run higher on the Weekly
POSITION: 250,000 SHARES
Average Price: $9.57
LONG