Short term it is going down. Mid term long. Buy zone $7,8-8,0-8,3
For years this company don´t have good administration, but in this years something change...
Se espera una definición de la tendencia en los próximos meses. Entre los 45000 y los 62000 puntos, se sabrá si sigue alcista o bajista.
I've flagged Brazil's state-owned mega-energy firm Petrobras Brasileiro ADR (NYSE: PBR) because the SEC is investigating the energy firm for money-laundering and corruption, thus skewing Fitch Ratings of PBR. Since PBR owns a Texan refinery, PBR it is accountable under US jurisdiction. PBR has been found in violation of the Foreign Corrupt Practices Act and...
RSI above 50+Brekaout+BIG VOLUME
EWZ Brazilian Elections - Bullish on trend reversal
Will be monitoring $EWZ over the next few weeks to see if this 3.5 year shit show is turning a new leaf with the recent break of a major downtrend line (2 variations drawn) on a positive divergence in RSI, and a slowly uptrending MACD that crossed the zero line and is at levels not seen since early 2012. The downtrend line of momentum on a weekly relative basis...
The correlation between SLV and BRF is more prominent that with GLD. Nonetheless the relationship between these asset classes are quite distinctive. long BRF, LBJ, ILF
I see 2 possibilities,1) a retracement into the box area, testing the neckline, and then a trust higher.2) Or a larger inverse Head and shoulder formation , which would be a stronger reversal pattern. I like the latin america over india because of a bullish MACD divergence on LBJ/ILF. I think Inverse H&S would create some fakeout for the bulls, before actually...