According to this Elliott Wave Count, Brazils Ibovespa is headed towards its most trendy and impulsive phase...
The Brazilian fiscal issue is not going well. Therefore, it directly reflects on the IBOV index, especially for companies linked to the domestic economy, which is very dependent on family income and low interest rates (SELIC) to keep their activities up to date. This was already written in the stars. Sometimes we need to be seers. Lol The growing number of RJ...
Brazilian stock market got into down trend due to international conflicts and fed.. for moment its a sell!
Petrobras' ON N2 shares from Brazil are particularly interesting, notably due to their high dividend yield. As the largest oil producer in Brazil and one of the biggest in South America, this stock holds significant importance over the coming years. It has experienced a strong rise, with our Wave (2) starting at 2.2 Brazilian Reals. Since then, it has risen and...
“Emerging markets conclude 2023 on better note than developed markets” – S&P Global Market Intelligence. How much of this has been reflected in the respective market indices? Figure 1: Ibovespa and E-mini S&P500 Index Futures Figure 1 presents a retrospective view of the Ibovespa Index Futures (IND1!) and E-mini S&P500 Index Futures (ES1!) since the onset...
rrrp3, 3R petroleum is a Brazilian junior oil, check this out!! Its a good entry point.
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Price Performance and Trends: The asset has experienced various ups and downs over the years, with an all-time high considerably above the current price. The recent trend seems to indicate a price resistance level that the stock struggles to break above. It's crucial to look at whether the stock has had strong reversals from this resistance level historically and...
Petrobras (PBR), The mains brazilian oil company has changed his intern policies and it caused loads of pain into its stock.. for moment its in down trend pressure.... neutral to sell side!
Nice consolidation at the end of a pullback in a bull run. Not a bad trade at all
Brazilian cattle had a potential up leg.. but it wasnt sustained by demand...mainly due our main buyer is china that actually is not in a good economic shape. For moment trend down!
Price reached the support zone ( R$ 13.32 ). Possible lateralization and then look for the target (resistance zone) at R$14.80 in the long term.
Telefônica Brasil, trading as Vivo, is a Brazilian telecommunications group, subsidiary of Spanish Telefónica. It was originally formed as part of Telebrás, the state-owned telecom monopoly at the time. In 1998, Telebrás was demerged and privatized. Bias: Buy/Long Strategy: Re-Emerging Momentum.
HG and Vale tandem in the same direction as showed in the video. Please see video for exact points and explanation. Thank you.
All indexes show a possible correction in motion. Please see vide for all details and points. Monday is a Holliday so be careful and happy trading.
Rumo, formerly known América Latina Logística, is a Brazilian logistic company, mainly focused in the railway line logistics in Brazil, being the largest company in Latin America in this segment. Potential swing buy/long.
Azul (AZUL4) has improved its latest quarterly results, in addition the price is at pandemic crash levels. In general, Brazilians dislike three sectors: retail, slaughterhouses and aviation. In my opinion, this is an opportunity. Targets in Fibonacci extensions: 0.618 (R$21.63), 1 (R$27.60), 1.618 (R$37.25) and 2.618 (R$52.87).
Minerva Foods (BEEF3) is the largest beef exporter in South America, with access to more than 100 countries and operations in Brazil, Argentina, Chile, Colombia, Uruguay, Paraguay. Adjusted for Brazilian CPI and considering its fundamentalist indicators the stock it in one of its cheapest periods. The main concern is the company debt, leverage.