syy891013

ABEV Transition to Uptrend

Long
syy891013 Updated   
NYSE:ABEV   Ambev S.A.
We are seeing the chart forming a higher high after failure to form a lower. The down trend line and 50 SMA line were crossed and currently the price is being supported by the previous pivot point at $2.53. Will be looking for an entry for swing trade.
Trade active:
In at $2.73
Trade closed: stop reached
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