Looks like it's broken out of that channel, however I think it
goes back down prior to earnings in November. Seriosuly considering
long term LEAPS on this. The Jan 2025 $3 calls are super cheap.
Book value is $15. Let me know what you think?
Pros
1. Rising trade
2. Receding inflation/lower rates
3. Better political environment
4. Revisions up for GDP...
The PEAD projected a Bullish outlook for $BBD after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 25%.
The PEAD projected a Bullish outlook for $BBD after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
The PEAD projected a Bullish outlook for $BBDO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
It's another zigzag in formation. Wave C confirmed and We are looking to further drops on this one. Not a reall shallow B Wave of one zigzag only. In our experience, it is more common to see a WXY in a B wave formation. The markets then show us once again that it has a plan of its own.
We are not in the business of getting every prediction right, no one ever does...
It looks like the MACD indicators are showing a strong long for this stock. I plan to enter at $3.98 with a stop at $3.88 and exit at $4.48 per share. That's a 10 cent loss or and 50 cent gain per share.
A temporary respite, believing to be a Wave B of zig zag.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically...
Banco Bradesco S.A., together with its subsidiaries, offers various banking products and services to individuals, corporations and businesses in Brazil and internationally. The company operates through the Banking and Insurance segments. It offers leasing and brokerage services, among others.
Revenue TTM 18.3B
Net Income TTM 4.3B
Net Margin TTM 23.1%
P/E...
The whole explanation is based on this idea, keep in mind to always manage your risk in any operation.
Several banks could suffer another devaluation of their shares.
BBD could suffer a devaluation of its shares.
There you have it explained, a total of 22 pages of fundamental analysis, the technician could also give you the same idea, use monthly graphs and...
