Locaweb is presenting an interesting buy. Having gotten clobbered in the past months due to interest rates on the rise locally and globally, we now have signs that the bearish trend is on its last breaths, or has morphed into very early stages of an uptrend.
DOUBLE BOTTOM
A Double Bottom is likely being formed.
SUPPORT REJECTION
A few days ago, price closed a...
Following the trend, I'd buy w if breaks the latest high
Stop Loss - Below the lowest low from the previous candles
1st Target - R/R = 1,00 - 1/3 Position
2nd Target - R/R = 2,00 - 1/3 Position
3rd Target - R/R = 3,00 - 1/3 Position
A bullish divergence with RSI has appeared on the daily relative strength chart of EEM/SPX
Also a falling wedge has broken out upwards
A period of "Relative" outperformance wrt to the S&P500 may be near for the Emerging Markets
We had a strong reaction on previous reactions point, now I see two possibilities for the BR market. A re-teste for previous support and change to bear market, or strong consolidations between this support-resistance area and back to a bull market.
Projecting that triangle move we could be touching the 92,5 in the next days for another test of the 87 support from the last top.
Keep it safe, have a good one.
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..
Setor de construtoras pode ser beneficiado com os juros baixos para o ano de 2021 caso o governo consiga reestruturar sua dívida e apoie o rápido incremento da vacinação.
Hey Traders,
Welcome to a wonderful Brazilian world of Bovespa.
For a long time its been in a downtrend and guess what? Today it broke through the trendline. So what does that mean? A reversal or a pull back? Let it break the fib level of 50% then we know short or long.
So Traders, keep a watch on this asset.
Cheers to your Profits !
SAPR11 is almost finishing its Corrective WAVE C down. We should see a thrust upwards marking the start of the next impulse upwards, on it's way to breaks the highs seen on the start of the ABC.
SAPR11 está quase terminando uma onda corretiva C para baixo. Devemos ver um empuxo para cima, marcando o começo do próximo impulso, a caminho de romper o topo feito no...
BRFS3 has finished a downward sloping sideways correction. We should see it resume its new uptrend from March lows.
BRFS3 terminou uma correção lateral-baixista. Devemos ver uma continução da nova tendência de alta desde as mínimas de Março
A ABEV3 tentou 2 vezes romper a resistência de Fibo + Média móvel de 200 + Canal paralelo: 3 resistências numa mesma região, não será uma tarefa fácil. Acredito que haja maior probabilidade do preço retrair até R$12.50, onde existe um suporte forte para o preço se aguentar.
O Ibovespa subiu e chegou numa região de 2 resistências, uma delas bem forte, a média móvel de 200. Pelo que vejo nos indicadores osciladores, acredito que não haverá força suficiente para o índice romper essa barreira. Cautela.
