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.
A Double Bottom is likely being formed.
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
Today I want to make a draw of the important prices that are likely to generate some resistance on NANO's way to the top.
These prices are interesting for those looking to estimate statistically sound prices for the price to hit in the future.
I hope you all are having a great week!
For this one if the trend is your friend fibonacci must be your girl friend, we can see a very healthy accumulation on the weekly chart since may, the price tested the 4,94 about 2 times now and doesn't seem to be slowing down for another re-test any time soon
doted line = 20%, dashed line = 50%, straight line = 100%, if the price breaks the 50% trend line we...
Everything is clear in the picture.
The downward channel that has been broken upwards and today's red candle can be considered as a pullback.
The Brazilian Stock Exchange index may drop about five percent after this and then move up, so it can put this share under a bit of pressure, but overall my opinion is bullish in the medium term. Oil prices have risen...
Very strong fundamentals. Home builder focused on resilient demand: premium real estate EV/EBTIDA <10, P/B <1, PE <9. Negative net debt (>R$1 billion net cash)!!! Excellent track record operating in unstable economy with ultra conservative cash/ leverage management. In spite of conservative approach to business, the company has a very solid growth history since...
Today we will show you our research on SID looking for statistical patterns on price historical data.
First: We have defined all the cases we want to study. In this case, ALL the corrections above the yellow horizontal line with a retracement higher or equal to -20%. Also, we have defined the duration of each of them.
Second: With that clear, we will...
Companhia Paranaense de Energia - COPEL is engaged in the generation, transmission, distribution and sale of electricity to industrial, residential, commercial, rural and other customers mainly in Brazil. The company operated 19 hydroelectric plants, 25 wind plants and a thermoelectric plant with a total installed capacity of 5,742.0 megawatts; and owned and...
Itaú Unibanco Holding S.A. offers a range of financial products and services in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking and Activities with the Corporate Market.
Over the past week, several investors, economists and entrepreneurs in Brazil, including ITUB shareholders, called on the government to...
Although moving averages aren't looking good, EWZ is in a big support zone (white area). In this Elliott waves analysis EWZ hit the 0.382 (30.78) fibonacci retraction for wave 4 and if this is the end of it, wave 5 could hit 0.618 (42.01) or 1 (49.15) of fib extentions. The ex-president Lula news made the market drop today, but Lula isn't worse than current...