MERVAL is struggling and the Tango is very close to changing its melody. Argentina faces complicated winds actually, a feared recession that would complicate Macri's plans and his country. I wish to be wrong, but it could be good for foreign investors to play with and buy around 22,000.
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@pablomendezclac, Where is the selling call? If possible translate and READ AGAIN, I said "but it could be good for foreign investors to play with and buy around 22,000".
Now in Spanish: Yo dije, "pero puede ser bueno para los inversionistas extranjeros jugar y COMPRAR alrededor de 22,000 puntos.
In fact, look at the chart again, I posted the idea on August 17th, 2018. September 3rd, 2019 the price hit my line drawn at 22,637.14 and it did it again on March 18th, 2020. At that level, I placed a buying opportunity a year before (2018). That's what smart investors do. Why are we going to risk our money in a socialist country like Argentina if we don't get the price we are looking for? Chances are chances. Have a nice week. Here's the chart again.