NEO / USD-Bitfinex-Indicators indicate possible upward movement, in case of top breakage we will have opportunity to buy with purchase orders above 34.6, but if the price can not overcome this power of power in a new downward movement to nearby regions support where we should buy only with signs of price reversal.
NEO/USD-Bitfinex-Indicadores sinalizam possível...
During the last week we saw the price correction, the bulls tries to show some strengths but the bears still lead the game, we can see few the higher low forming and it can mean a new downward moviment to the 3000 resistence level.
Durante a última semana, vimos a correção do preço, os touros tentaram mostrar alguma força mas os ursos ainda lideram o jogo,...
I believe the bearish moment it is beeing overcome. This stock is in a cheap price and showing it self as a great opportunity of add value to our portfolio along this month and year. What do you think?
Esse papel se mostra como uma grande oportunidade entre os papéis do IBOV. O papel segue o aumento do dólar em relação ao real e possui bons indicadores de que seu movimento de baixa está chegando a um fim.
Seems to be an great opportunity among the IBOV stocks. This paper follows the rise of dollar/real and have good indicators that shows the ending of bearish movement.
Petrobras in a new management. The new president says that he intends to rescue the company of an "organized gang", and will attempts partnership with shareholders to raise the economy of the company. In the other hand some scholars do not agree with the Parente's (new Director) proposals and intend to struggle against the reform in the company.
In my view, I am...
Short term intraday review of current possibilities
On a 1H chart we have a bearish chart pattern
At daily pivot
Price is currently at 50% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to previous swing Down
Due to all the mentioned above and a current price position (intraday - independant view) I will look for Bearish PA patterns...