Waiting for OBV and candle to confirme movimento direction change.
LTB breaked. Price is uder a litle consolidation. Breking it leads buying.
Indicator have a suport region and is going along side, but price is going down. Sugest possible price increase.
This downside gap was a reaction to the ex-president Lula accepting the invite to become a Minister to escape justice, the market does not like it at all. Basically it means we will see a little more of Dilma Roussef's ideas and believes - which are the same as Lula - to live a little longer, making the economy struggle. So it could could be an overreaction,...
FORMAÇÃO OCOi INCLINADO MAS QUE NÃO DESCONFIGURA O PADRÃO. ENTRADA MAIS AGRESSIVA COM OBJETIVO NA NECKLINE E OBSERVAÇÃO DE ROMPIMENTO.
ROMPIMENTO LTB COM TESTE EM PULLBACK. POSSÍVEL RETORNO AOS 6,80. CONFIRMANDO ROMPIMENTO DO GIGANTE FUNDO DUPLO SEMANAL O OBJETIVO MAIS LONGO EM 11,50.
Confirmado o OCOi com o pullback e objetivo 13,50. Stop Loss perda da mínima de algum candle que fechar abaixo da neckline.
Forgot to post. I am shorting the Bovespa index. I expect to see 30,000 soon.
Together with my last chart about the BVSP, this is more of a Swing-Trade leveraged position against this active (BOV11 in IBovespa and BVSP in NYSE), considering the following fundamental key points: * The main stocks are being hammered, some of them: Petrobras, Vale, Sabesp. * Brasil fiscal efforts to keep a good spending balance showed some ugly side effects...
I think it'd be a pity to start this year without testing the famous major annual support by BVSP. Although there are some fundamentals involved, always consider this before entering a long-term trend, the government as been changed but we "wont" (we may) see any new relevant changes until march, or april. So until february, it should call for it's bottom at the...