Can TGMA3 recover it's historic price?In the last 12 months, the market value of Tegma (TGMA3) has decreased about 80% (06/01/2016 - $14.30 H; 01/27/2016 - $2.86 L). This company, which corebusiness is the transportation of new vehicles from factories to distributors, saw its revenues dwindle in face of the reduction of Brazilian consumer and employer confidence levels, the gloomy prospects for the country's interest rates, the growth of debt and default of families and the beginning of an unemployment crisis that still committs over 10% of the economically active population of the country: Not a good scenario to buy a car, I'd say.
Several months latter, thinks start to change with the prospect of success of impeachment of president Dilma Rousseff, and another bunch of events may help to a faster recover of economy in the country, which I'll resume in one consequence: The return of huge ammounts of foreign capital.
TGMA3 has done good job in surviving the worst point of the crisis. The question is: when will the Brazilian market recover the hability to stand an grown?
Compra em CYRE3O ativo estava passando por uma tendência de baixa mais nas ultimas semanas teve um uma onda corretiva e passou por uma breve consolidação. Caso ele venha a romper a resistência da consolidação o ativo entrará em uma tendências de alta.
Entrada em 10,96 com Stop loss em 9,44 e alvo 15,52
CCRO3 crab setupCCRO3 is long, waiting to complete the crab pattern, target between 2.24-3.618 fibonacci projection.