Telefônica Brasil, trading as Vivo, is a Brazilian telecommunications group, subsidiary of Spanish Telefónica. It was originally formed as part of Telebrás, the state-owned telecom monopoly at the time. In 1998, Telebrás was demerged and privatized. Bias: Buy/Long Strategy: Re-Emerging Momentum.
The PEAD projected a Bullish outlook for $VIV after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
The PEAD projected a Bearish outlook for $VIV after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
Trade idea - Technicial analysis: Sell $VIV.US Chart: Heikin Ashi 1D Bulls have started to show weakness. Muliple long wicks forming doji's at the top of the last run. Chart: Candlestick 1D • MACD histogram crossed over and now posting negitive trend. • RSI falling from overbrought Target: 10.40 Confluence of 50EMA and 0.328 fibonacci level. Approx 20%
The MACD is curling up and the price recently closed above the .5 fibonacci level and is getting close to the descending trend line. Premarket looks like it will open to the upside. I anticipate resistance at 10.30 as this was a prior double top. first target 10.44, 11.35
Ascending Triangle Pros Descending volume PPS above 50MA Cons 200MA descending PPS below 200MA 250RSI below 50 ATR descending If confirmed PT1 = 11,55 PT2 = 12,43 PT3 = 13,41 Bonus PT4 = 14,58
possible h and s breaking out
Telefonica Brasil SA (VIV) looks good (BULLISH) right now. Daily Chart Trading Above the Cloud - BULLISH Accum/Dist turning up - BULLISH On Balance Volume turning up - BULLISH Stochastic turning up - BULLISH RSI moving higher - BULLISH MACD turning up - BULLISH Weekly Chart All indicators mentioned above are BULLISH The stock looks like it's going to run...