NYSE:ABEV - Ambev buy signal close #investing #trading #ABEV3
Plenty of bullish signals on the ABEV charts.
Now well clear of the descending wedge, the first impulse wave looks to be complete.
Sticking with the Elliot Wave pattern, we should expect to see it retrace slightly to test the 50 day and 100 day EMA, before starting the next impulse wave.
Also important the impending crossover of the 50/100 EMA (a very bullish signal).
Now well clear of the descending wedge, the first impulse wave looks to be complete.
Sticking with the Elliot Wave pattern, we should expect to see it retrace slightly to test the 50 day and 100 day EMA, before starting the next impulse wave.
Also important the impending crossover of the 50/100 EMA (a very bullish signal).