Chilean Stocks. Pure Technical Projection. Correction phase. Seems there's an H&S pattern in process and near to complete. If it breaks to the downside, it will complete the last leg of a big Bat. The opportunity is to short and trade the reversal at the showed targets.
Chilean Stocks. Pure Technical Projection. In absolut downtrend seems to be painting a falling wedge that could last 2 or 3 more years to complete. Anyway, as usual, there're opportunities to trade. In this case, if 960 can support price above the cloud, a quick chance to the 1005-1025 is possible, and if price can breakthrough that range, price could rise to...
Chilean Stocks. Pure Technical Projection. Banks never are bearish nor are in a bear-season nor under bear-control. Banks are always bullish, unless a world crsis occur, but that's not the case today of course. 2018 has made a huge Bull Flag which after a long corrective sideway-flag market seems ready to breakout to new highs. The weekly chart shows everything....
Chilean Stocks. Pure Technical Projection. Symmetrical Triangle since Jan 9 2018. Close to vertice. H&S since Jun 29 2017. Completed. Bearish Bat since May 15 2018. Completed and already retrace 0.382. HIGH RISK! Of course the counsequences of this breakout will be significants.
Chilean Stocks. Pure Technical Projection. Shark + Gartley Wait for entry between 930 and 940. First target at 7% = around 990.
Chilean Stocks. Pure Technical Projection. Bat + Butterfly. Seems price is in the bottom. Could try to test support one more time and may be difficult to lift off the ground for a few weeks. Cloud, EMA 55 and 144 may act as resistances during this period. But if price can hold inside the cloud future may be bright (long term targets above)
Chilean Stocks. Pure Technical Projection. Gartley + C&H. Instructions on the chart.
Chilean Stocks. Pure Technical Projection. Bearish Harmonic in formation. Last leg with a range profit between 9% and 32% for the end of year. Targets in the way up.
Chilean Stock. Pure Technical Projection. Target 0.5 reached Double Bottom Symmetrical Triangle in formation: Wait for breakout.
Y seguimos en la misma zona, a principios de NOV tuvimos una recuperación del soporte que dio un buen rebote, pero no paso mas alla de eso... por ahora seguimos presionados en esta nueva LTB y el piso de los 5138 pts. Drivers a seguir: - G20 y reunión Trump/ Xi Jinping - Cu y su desacoplo con los demás commodities - Inflación USA
Precio bajo la 30MM comenzando pendiente negativa. Soporte débil. No comprar.
El precio está sobre la 30MM y está con pendiente positiva. Ya traspasó resistencia (nuevo soporte) para comenzar etapa 2, ahora está en el rebote. Considerar si rompe nueva resistencia para comprar.
El precio está oscilando en la 30MM. Está en fase 3 y considerar acciones cuando quiebre resistencia o soporte.