It was requested a little thought about this asset, which is USIMINAS ( USIM5 ). There is not too much to say based on Daily time-frame; but, here it is:

As it is possible to see, we are facing Double Top Pattern, which has as its characteristic a reverse movement in price.

StochasticRSI shows us that we might have some space for more upward movement of this asset; however, I am expecting sell movement on Friday 4th August, 2017.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.