Wege3 go to 30BRL until Aug. 16th, it the new resistance, on The AB CD (d) indicates 30 BRL , The XABCD indicates (d) on 32BRL. Fibonacci retraction indicate 30, therefore WEGE3 walk to 30!. You can confirm if the stock down to 27 (support) and cumulate some valume. After, 30 is the target!, 32 is a other special point. @cleber.martinelli @vgamstalden
Its sitting on weekly support line. It can jump from these levels as long as it remains above those two blue lines. Can hit $12. For long term investment, it may need more time.
With the current fear of recession & rising inflation in the US, a lot of funds will be flowing outside into emerging markets, China & also Brazil which is rich in commodities especially now that the dollar seems to be peaking out as foreign markets slowly becomes more attractive to invest in. EWZ may retrace down first to fill the gap at 33.65 green line. A...
One of my followers asked me for a long term play, here's one. EWZ (Brazil) is still at the same level as 2008. It's in a pennant and looks like it will break upward. Why? What does 2022 and 2007 have in common? High oil and commodity prices. Materials and Energy is 40% of EWZ plus the currency is rallying because of oil. I suppose you can play DBC...
Great accumulation zone for brazilian Ibovespa. RSI below 2.00.
#BRAZIL Looks bullish, let's see if it samba! #EWZ . Dollar cost average if drops to 26$. Couple of months timeframe. I dont know why but it should go up :P
In a few months from now, billions of people will be glued to their TVs for the 2022 FIFA World Cup that is set to take place in Qatar. Every four years, soccer’s global governing body gathers teams from over 30 countries for the world’s biggest sporting event that brings in billions of dollars in revenues and other economic benefits (jobs and tourism) for host...
All the empires and dynasties I studied rose and declined in a classic Big Cycle that has clear markers that allow us to see where we are in it. This Big Cycle produces swings between 1) peaceful and prosperous periods of great creativity and productivity that raise living standards a lot and 2) depression, revolution, and war periods when there is a lot of...
Hello traders (and some investors ?), As you could notice, most of high-growth and tech stocks are in bear market for last several months. While huge part of them formed abc corrective waves down. StoneCo formed impulsive wave (of 5 subwaves) DOWN =that´s not good sign because impulsive waves are never alone. So my thesis how to play this stock is this.: -...
STNE StoneCo is a Brazilian payment-technology firm backed by Warren Buffett’s Berkshire Hathaway. STNE is down 90% from the peak they hit in February 2021. After another earnings miss, StoneCo named new senior managers one of them being the head of treasury, Diego Salgado, a former JPMorgan Chase & Co. director for Latin America debt capital markets. My take...
After a nice correction for a better price, we can wait some bearish wave for the next days!
utilities and commodities super cycle kicking off for developing nations
Trader Vic (Victor Sperandeo) says you gotta go long here ! By his "Principles of Professional Speculation" , EWZ weekly has broken down trend and pivoted to an up trend. I'm also liking the volume and and MACD bullish confluence. I went long starter size March 32/34 debit spread , and will add with more confirmation. Some whale also bought 17K of these...
I am looking at the $BKF (Brazil, Russia, India & China) ETF as a great setup for a buy. From a charting perspective, it looks like the optimal risk / reward entry. In the macroeconomic context - I would also expect rising commodity prices to pull emerging markets higher. More on this soon! Take care and God bless.
The fund invests at least 80% of its net assets in financial instruments. It is designed to measure the performance of the large and mid-cap segments of the Brazilian equity market, covering approximately 85% of the free float-adjusted market capitalization of Brazilian issuers.
This one is a long hold, Brazil will thrive. Bullish AMEX:FLBR AMEX:EWZ AMEX:UBR LSE:IBZL MIL:IBZL EURONEXT:IBZL SIX:IBZL.USD
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...
ibovespa , long idea, soon it´s will return to the 120.000 zone Correction is ending .