End of the 5th Elliot wave at ~135. Final da 5a onda de Elliot em ~135. The entry point could be ~120. O ponto de entrada poderia ser ~120. Might be a good play with OTM CALLs when/if it bounces back to ~120. Pode ser uma boa jogada com CALLs OTM quando/se retrair para ~120.
this prediction is based on the market circle as you can see on around march we dump or find the bottom of the trend and on July we make a new high or retest the top. also 2 possible price moves for the next month and so on..
Venda de BOVA11: - V 100..102 - C 97..95
Depois da força compradora reagir na retração de fibo em 61,8% aos 92,49 na qual forçou os preços a irem até 97,90, é natural que este movimento retraia para ganhar força para romper este topo. Portanto existe oportunidade de compra na zona de retracao entre 95,08 e 94,42, com alvo 102,69, um upside de 8%.
Correction at IBOV, with a estimated fall of 4.7% approximately giving a 50% retrace of previous rally.
Well, i believe that the dashed green line is a major support. Its a region of plenty RSI's UP MD (historically) and the dailly RSI is reaching the support of up trend. Its also the region of bottom of Wave 4 of the preceding rally. A look at the higher time frames will show that this is in fact a region of reversion, specially reversion from downtrends and...