Over the last three days, I have detected that BRZU's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month....
I'll keep it simple.
BRZU has been playing within an ascending triangle and is now near support - Easy R:R play with good potential to play out.
Appears to be nearing the end of a long-term downtrend in my opinion.
Seguindo o mercado, a AMEX:BRZU , ETF Bullish do mercado brasileiro, corrigiu e encontrou a média móvel de 200 períodos.
Ponto interessante para entrar na compra.
Vou analisar de perto o desempenho na segunda e terça para determinar a entrada na compra.
+13% to retest $24. $24 Jul 20th options could return 50% if we retest in the next 2 weeks. RSI, Stochs and MACD all appear to be hooking up, so this might be ready to rock. Keep your eyes out for tonight's close.