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IvanLabrie
Jun 1, 2015 1:02 PM

YPF: Interesting monthly uptrend Long

YPF Sociedad AnonimaNYSE

Description

It looks like a very strong uptrend, about to commence a new run up in what looks like a potential wave 3 advance.
I don't trade equities, but this seemed like an interesting chart for longer term investors.
Might suggest it to the people I know, since it's a local company.
Cheers,
Ivan.
Comments
jangseohee

earning coming soon, could be busted HS
IvanLabrie
It did turn into a short.
Interesting level indeed.
Very dangerous to hold this atm.
IvanLabrie
Up one point...way to go heh.
Should be interesting to watch.
jangseohee
beware of this, though it might not happen
IvanLabrie
This setup depends on price moving above the highest mode, since it already has 5 months with no new lows. It's looking really bullish, and more or less correlated with crude oil.
DanV
I agree in fact I would say it could be a potential death trap with sub 10 to come in due course
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