RicardoCardoso

RicardoCardoso Feb 12, 2014

I'm following this index for a while and I think that there are no reasons for the idex to be outside the lower part of the channel, therefore, I am long on this index and for the first quarter of the year I think it will reach the 3200 and keep those levels until June 2014. Looking forward to hearing your comments about my thoughts on this. Thanks, Ricardo Cardoso

RicardoCardoso Feb 7, 2014

As we can see, BAC had a long climbing moment since last August (6 month analysis) and at this point it seems that is consolidating the value in the range between $16 and $17. MACD (normal fit) doesn't demonstrate a change of tendency and Momentum is still a little bit week. The channel is built, so let see what is going to happen on the next three months. Thanks...

RicardoCardoso Feb 6, 2014

I hope on this I can demonstrate better my point of view with the other analysis I posted yesterday. More fundamentally speaking: Today Mario Draghi, ECB CEO, is going to speak and I strongly believe that he is going to act in order to help the European economy to recovery and don't lose competitiveness. Therefore, I think we are facing another cut on the interest...

RicardoCardoso Feb 5, 2014

After this huge correction from the most important global indexes, I think its going to go bullish. Tomorrow ECB CEO, Mario Draghi, is going to speak and we hope we explain what are going to be the next steps for Euro Zone. Moreover we are also waiting for the unemployment rate from US... My conviction is that we are going to have a bullish moment and gain between...