Brazil - Post election long

171 2 6
During the weekend, presidential elections concluded with the re-election of Dilma Rousseff. This was perceived as bad news for the BOVESPA, but after gaping strongly on Monday, the Brazilian stock market has been rising strongly.

A double bullish divergence on the MACD histogram on a triple bottom formation, with extreme volume bars and climactic action on the Weis Wave.

I expect this ETF to go at least to 50$.

The daily chart offered almost a perfect buying signal. A daily bullish divergence with a very bullish weekly chart
08.12.2014 closed out
02.12.2014 Looking at the daily chart, I believe that Brazil is going down. However, I made my trade on the weekly, and I will not close my position until I can see it failing on the weekly
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out