NASDAQ:GGAL
GGAL
Banco Galicia perdió desde lo que va del año 2018 un 40% de Market Cap como consecuencia de las condiciones desfavorables macro que enfrenta Argentina (único mercado en donde está presente). Este no es una análisis fundamental sobre su valuación (enviaré por separado) solo refleja una oportunidad de trading que se adecua Risk / Reward Ratio de...
que podemos esperar para entrar:
- siempre el RSC pasando a positivo (rojo a verde)
- Sector banks en positivo DJUSBK (se esta dando ahora)
- candel de confirmación
- MM30 mirando hacia arriba
GGAL is offering a great short setup here. This is an ADR (American depositary receipt), that is, basically, a foreign stock that is traded in an american exchange. It's of special interest since I'm from Argentina. Fellow argentinians can take note of this setup and trade it in the local market as well. Upside risk is the same, despite the ADR being priced in...
This trade started with CRSI signal on 140805 but was not triggered until 140820. I missed earlier trigger on 140814 which would have netted $.41, but caught this one that netted me $.26. I sold because CRSI was 69 at the time and my sell point is 65 midway between 50 and 80 and ZR went from 2 to 3.
