GOL LINHAS AEREAS INTELIGENTES SA SPON ADS EACH REP 2 PFD SHS NYSE:​GOL

Holding position here. Weeekly set up showing some strength on volume and momentum. $EWZ $BRZU

missed moved- look for breakout of cup and handle next week

Continuation

Stock.GOL.Monthly.BB26.StandardDeviation23

in its channel.

Great stock Prices will be flying! Entry: tomorrow's open S/L: 24.34

Short setup Entry 36.68 Stop 40.30 Target 20.65

PT1: 34.50 PT2: 44.50 PT3: 54.80 In @ 16. Add @ 24.10. Sell Zone: 99.10 Long bias on Brazil.

This airline stock is looking healthy. Adding position tomorrow.

closer up looks like a cup and handle formation.

Short

Stocks that spike, like $GOL here, are always of my interest. This big gainers spikes with almost to no news out. Purely hype. Also, it has been trading under the 50MA since Sept. of 2015. My goal here is to short it at around .57 (resistance), cover half at .42 (daily support), and the whole at .25 (lowest support it has had.) If it decides to break above...

$GOL trading off the 50EMA with a bearish pin. Advisable waiting for confirmation before shorting.