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UnknownUnicorn3159981
Oct 29, 2018 3:13 PM

BULLISH Indicators! BUY Long

Telefonica Brasil S.A.NYSE

Description

Telefonica Brasil SA (VIV) looks good (BULLISH) right now.

Daily Chart

Trading Above the Cloud - BULLISH

Accum/Dist turning up - BULLISH

On Balance Volume turning up - BULLISH

Stochastic turning up - BULLISH

RSI moving higher - BULLISH

MACD turning up - BULLISH

Weekly Chart

All indicators mentioned above are BULLISH

The stock looks like it's going to run higher on the Weekly

POSITION: 250,000 SHARES

Average Price: $9.57

LONG

Trade closed: target reached

FAST PROFIT...

LONG TERM, IT SHOULD TREND HIGHER IF THE COMPANY CONTINUES TO POST SOLID NUMBERS

SOLD 250,000 @ $12.02

PROFIT: $612,500

Trade closed manually

FAST PROFIT...

LONG TERM, IT SHOULD TREND HIGHER IF THE COMPANY CONTINUES TO POST SOLID NUMBERS

SOLD 250,000 @ $12.02

PROFIT: $612,500
Comments
Pokethebear
TEO another to look at.
UnknownUnicorn3159981
@Pokethebear, I do not like the volume on TEO - It might go higher but when low volume stocks sink, they sink fast and you cannot get filled. Essentially you're a prisoner to the traders / market makers. Low volume stocks can bankrupt you overnight. Thank you for the tip. Best of luck with your trades.
Pokethebear
@stockkid, point made and hadn't filtered for volume >50-100K daily. Was in my 1G-2G-3G-PDA-4G-4GLT-5G watch list.
UnknownUnicorn3159981
@Pokethebear, For what it's worth, look for stocks with volume over 1 million shares. We think you'll thank us for this tip. Best of luck to you!
Pokethebear
@stockkid, makes sense especially in this market. Was in cannabis for awhile, which is not that. Totally out and into uranium (energy), vanadium (high strength steel), and AI/IT/5G now. Long on GaN chips if not for trade war.
CodedFlow
love your market approach and the Jair synchro :)
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