Ambev after bouncing from the PCZ of a Bullish Gartley has held and consolidated marginally above the PCZ and while doing so has shown signs that it could continue up higher from here without a secondary retest of the 0.786 as it has Recently Broken out of a Bullish Dragon and Bounced from a smaller Bullish Shark on the Daily as well as holding the POC of the...
And likely dropping in value. B Wave with B wave of a grander consolidation pattern. DMX, RSX support this notion. It is ironic that the majority of our positions are shorts. Could this be a canary in the coalmine for a major collapse on the equity markets in the first half or a third of next year? We are not in the business of getting every prediction right, no...
- Recently broke 3.17$ resistance and seemingly out of bear trend since 2013 - above weekly MA - outperforming s&p500 - gaining volume Assuming there's enough momentum to break 3.80 resistance
Looks good for longs in this area below green, stoploss below white, targets are lines above. Keep in mind there are gaps below white line, could fill them. - this is not financial advice. dont blindly follow these trades they are for record keeping only.
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ABEV seems in the last part of a potential 3 waves correction. A strong rejection on the level posted on chart can indicate the beginning of one more wave down.
Hello Traders, AMBEV S A/S ADR on NYSE: ABEV 4.85 VS 4.63. Looking for ( Yellow ) Continuation / Consolidation / Corrective Pattern To Continue the upside movement Breaking 4.85 / 5.06 VS 5.45 / 5.90 after Completed Flat Pattern ( Blue ).
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) AMBEV S.A. AMERICAN DEPOSITARY SHARES (ABEV): All The Pivots, Supports & Resistences