On Friday it presented an interesting movement and I expected a positive variation for today. It is possible to test the prices of the MMA 80, but if it follows the channel, then it will try again to surpass $27.
It is a healthy correction on price (1~2 weeks). The RSI has reached yesterday a level similar to the previous downtrends in the short run. There is a clear channel and the stock must be on the radar since all the MAs have positive slope.
BMFBOVESPA:SLCE3
SLCE3 3rd elliot wave - long term
buy swing trade entrada 18,50 obj1 19,90 obj2 21,40 stop loss 17,69
- possível gap de fuga, bom volume - possível alvo em 19 e 21
SLCE3 2018/10/23 @ 55.96 . High trend losing strength @ 1D. Approaching MM200. Purchase volume above average. We can talk about a reversal or consulation to keep climbing. Analyze fundamentals - if it can be a great time to buy. . Tendência de alta perdendo força @ 1D. Aproximando MM200. Volume de compra acima da média. Podemos falar de uma reversão ou...