EBR has formed a large ascending channel above a strong up trend line
This channel looks to be part of a flag structure which will lead to a larger break out, breaking the prior ATH
White vertical shows the trend reversal point
The PEAD projected a Bullish outlook for $EBR after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 85.71%.
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind,...
Centrais Elétricas Brasileiras S.A. - Eletrobras, through its subsidiaries, is engaged in the generation, transmission and distribution of electricity in Brazil. The company generates electricity through hydroelectric, thermal, nuclear, wind and solar plants. As of December 31, 2019, it owned and operated 35 hydroelectric plants with a total installed capacity of...
Contextual immersion trading strategy idea.
Centrais Eletricas Brasileiras S.A. - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened...
No gráfico a linha em azul é a antiga linha de tendência do Ativo.
O mesmo rompeu abaixo desta linha nos últimos dias e agora volta a subir.
A minha previsão é que o ativo vá testar a antiga linha de suporte, que agora irá se tornar a nova zona de resistência para cair próxima a zona de suporte anterior.
Provavelmente as noticias que a privatização da empresa...
ELETROBRAS is a big fat profitable electricity provider with a Market Capitalization of $15.042B and an EBITDA of $2.461B.
It has had a good run recently and has broken through a $10.50 resistance area. It might need to retest this and confirm its run, but looking good at the moment and might be worth a watch.
Brazil's state-controlled Centrais Eletricas...
Previamente havia postado que a ELET3 tinha boas chances de fazer um movimento de correção pois estava chegando numa zona de resistência e estava estendida.
Acabei errando quando achei que ela não ia romper a resistência. Ela rompeu mas devolveu todos os ganhos de quem ficou comprado em menos de um dia e continuou a descida no dia seguinte.
Agora nos resta...
Rapidamente,
encontrei uma divergência baixista que pode ser vista tanto no MACD como no RSI em relação ao gráfico diário da ELET3.
Isso provavelmente não implica em uma reversão de tendencia, mas mostra que talvez a ELE3 esteja perdendo um pouco do folego e precise cair um pouco antes de poder subir novamente.
Daily Shooting star
See red bearish engulfing 10/29/18
Is this setting up for a bearish falling method???
Weekly showing dragon fly doji - indecision in the market
Stoch oversold territory, no signal
Tenkan/Kijun confirm oversold
When retracement?
Stoch showing 2(two) triggers of oversold in the last month 10/10 - 10/24
When the third Stoch trigger?
MACD...
