unless it can break the trend line, it will remain bearish.
AMEX:BRZU
buy long,,, 5 waves down complete, I think we get a larger abc bounce to those fib areas,,, what you say, IMO
+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.
30m,: uptrend starting
looking pretty nice from now in wkly & dly basis
Well... a bit of a gamble, but what happened in brazil has nothing to do with the companies there. They are all the same as one week ago. Good luck!
details on chart
wave count on chart
BRAZIL LONG
Elliot Wave pattern for BRZU currently about to end wave 3. Target price is $170-$180.
sharp upward move possible tomorrow on this. 5-10% possible
