Avirany

ABEV 05-08-2021 Long

Long
NYSE:ABEV   Ambev S.A
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1
Asset and Time frame -ABEV,Daily and Weekly
Entry Price -3.21
Exit(Stop Loss) -3.09
Exit(Take Profit) -3.66

Technical Analysis -Price has been going in an uptrend channel for a very long time and reached the median line as a support line, also to back up the support, there's the daily 100 MA and the weekly 100 MA, so a lot of support for a short stop loss, this might be a decent trade if it pulls off, if your looking for a safer entry I would suggest waiting for the daily candle close to enter