BBAR – Increased Probability of DeclineAlignment and compression of FiboClouds signal a higher probability of continued correction.
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BBAR/N trade ideas
New Setup: BBARBBAR: I have a green setup signal(dot Indictor). It has an excellent risk-to-reward ratio(RR:). I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(SL) and a price target above it(TP1).
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Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level.
Go south young manSome people claim there are no triple tops. While this doesn't strictly apply here (it is a box play after all), I'm willing to go with it all things considered. Breaking up on volume. Safe target should be 7. Based on this set-up it should just move out steadily but it could still consolidate back into the box. Tentative stop would be double daily close below 3.50, leaving at least a positive risk-reward with potential for further upside down the road if it gets into play. A squaring of the consolidation over the last couple years would suggest 10-11 is possible.
BBAR: Ascending Triangle, Confirmed (46,59%)Ascending Triangle for BBAR. Confirmed
Pros:
1- Bullish Ascending triangle broke through resistance with volume
2- Descending volume during formation of the triangle
3- PPS above 50MA and 200MA
4- RS above 0 and ascending
5- R/R ratio above 5
6- 250RSI above 50 and ascending
7- 50MA above 200MA
8- 50 MA and 200MA ascending
9- Golden cross in blue
Cons:
1- ATR is flat, less volatile
Target price is 7,61$.
Again, stay humble, have fun, make money!
MAAX!
BBAR Technical Analysis 🧙Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. The bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, the small and medium-sized companies segment focused on foreign trade, agricultural business, and digital products. The company's geographical segments are Spain, the United States, Mexico, Turkey, South America, and the Rest of Eurasia.
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Want some exposure to an Argentinian Bank? 9.85% DividendThis is a Bank HQ'd in Argentina and is a great buy at this price.
P/E 1.75 (Value)
Debt/Eq (0.03) hardly any debt
Market Cap 1B
6,200 Employees
Insiders Own 76%
This is great and one of the reasons it sports a 9.85% Dividend!
...We getting paid here folks!
Institutions Own 4.2%
ROI 47.3%
ROE 29.7%
Sales Past 5Y +48%
Yes earnings took a tumble..but so did the price guys!
EPS Q/Q -70.7%
Keep in mind the history here! EPS 5Y +53.3!
Are we talking value and growth and dividends in the same play here?! :)
I'm a buyer at this price.
$BBARNYSE:BBAR abrió al alza superando la línea de extensión de Fibonacci y luego retrocedió hasta estar por debajo de ella. Por el momento no la supera y pondría en problemas al papel. En esta situación podría volver a tocar el límite superior del Canal de Keltner o incluso ingresar en él si es que el MACD cruza la línea de señal.