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Hello Traders; Today it is time to analyze GFNORTE/O, the sotck that represents Grupo Financiero Banorte, one of the largest banks operating in Mexico. Iteration 1: We are traveling in a wave (V), represented in purple. So far and because of the development that is taking place in the formation of the structure of the wave mentioned, we could expect this store...
$GFNORTE in elliot wave 4 correction, once completed there is high probability to reach again the levels seen prior to pandemic: 120-140 pesos. Report numbers looked great and is one of the best companies where Mexican funds invest, so looks great for short or long term strategies.
Despues de un rally semanal la semana pasada, banorte esta buscando llegar a los 86 para buscar posteriormente los 88 mx muestra un recuperacimiento fuerte desde la caida de marzo. BMV:GFNORTE/O
Formación de cambio de tendencia. Hombro-cabeza-hombro. Nuevo precio objetivo: 75.56.
Hasta que no supere los 106 es neutral o mas bien...solo para valientes. Yo miro de afuera.