Chilean Stocks. Pure Technical Projection. In the begining of the Handle of a Big C&H, price is playing around with all EMAs and seems they want to be strong resistances from now on. A Shark could be the reversal pattern, but price will need to retrace between 15% to 35% more to find support and the respective PRZ.
Chilean Stocks. Pure Technical Projection. Bullish: Volume rising in the last month. Falling Wedge broken. Price inside the cloud + TK cross: wait for correction = Kijun-sen bounce. MACD and RSI finally start to rise after a few months of converging against price. EMAs 13 and 55 acting as support. Curve of accumulation phase -- pre Bullrun NUEVAPOLAR is probably...
Chilean Stocks. Pure Technical Projection. iH&S in process of reaching targets, with the 0.5 extension reacting as triple top and giving birth to the rising triangle. Currently a Shark is in formation and could be the chance for top the triangle again. Triangle Breakout could be strong enough to pump to 7100 - 7360 or to dump to 6290 - 6170. If the lower band of...
Chilean Stocks. Pure Technical Projection. Big Bat + Small Butterfly completed. But support must be succesfully tested, otherwise there're other forms of Bats and Butterflies waiting at lower prices. A bounce on the current zone + breakthrough the cloud, will be the signal to entry now or wait for new lows.
Cerrando GAP, con ganas de mas ! Tenemos rompomiento de Resistencia y el cierre fue en su maximo...
Chilean Stocks. Pure Technical Projection. Uncertainty, could break for any of both sides, but look more like a bearish situation. EMAs 144 and 233 are reacting as resistances. Could stay on sideways for some time.
Chilean Stocks. Pure Technical Projection. 2017 uptrend with a violent move before 2018 of sideways, that had formed an ascending triangle, almost an iH&S and something like a C&H... So we'll see if 2019 start in uptrend. Entry at 100 CLP Targets at 6%, 9%, 12% and 20%. SL at 3% - 5% If SL get activated, wait for Rebuy zone. Timing is a mistery for now.
Chilean Stocks. Pure Technical Projection. Bearish Gartley + iH&S could give the last correction before break the bullish megaphone and keep rising. Divergence both MACD and RSI. Ichimoku will lead us.
During the month of September, the Chilean indicator has moved a lot, where with the rebalancing product of the departure of 10 companies, the 30 that stayed have suffered several changes in their weighting, which undoubtedly affected this week, coinciding with a bad debut of the new method. However, when refining the pencil, we can be at a decisive moment and...
After fail candle, there´s 83% probable to reach de green zone.
For the Chilean Traders, the new IPSA has only drop from the beginning, however, in this hourly view we could think in a uptrend, sadly it depends of the volumen and international traders who invest on Emerging Markets
Estimados, reciente rotura al alza desde la zona de acumulacion, volumen importante en la jornada de ayer lo cual propulso este impulso alcista...en estos momentos realizando posible throwback y testeando el nuevo soporte psicologico en los $8k CLP. Saludos