After we've put our 5th wave, we got instant reaction with nice volume. Volume is quite concerning, but if we've actually have put our 5th wave, then we'll be getting that soon. Don't panic! I'm expecting a bounce at any moment to complete our ABC! (Catching this B is quite tricky, but i don't see us falling any further!) The bottom is near. Target is 0.618 fib
Nice spot to go long $PBR on this pullback, after oil seemingly bottomed, and Brazilian stocks hold above fundamental support. Cheers, Ivan Labrie.
PETR4 I believe that it comes to search high, arriving in the lta we will see how the price will behave, wait to see if enters purchasing force in the lta.
PBR seems going to complete an harmonic pattern. If it fails on the breakout of the previous top i'm expecting a wave down.
Utilizando los indicadores SSTEAM, proxima resistencia 16.11, luego objetivo 17 USD
In PBR we had 2 long periods looking at the Monthly chart: The first was "to the moon" and the second "to the Abyss". On the chart is like a huge inverted V pattern. Since then, PBR started to regain some ground with a nice constructive move. I believe that we are at the start of a long term uptrend which could lead PBR towards $30 and even higher. Looking at...
... for a 1.07 per contract. Metrics: Probability of Profit: 64% Max Profit: $107/contract Max Loss/Buying Power Effect: 10.94/~2.00 on margin Break Even/Cost Basis in Shares if Assigned: 10.94/share (a 12.13% discount over current spot). Theta: 1.28 Delta: 39.24 Notes: "Wheeling" this small high implied vol underlying, with the basic cycle being short put, run...
50K 1/2019 14/16 call spread traded today; roll up from prior trades
Resumption of the company, great indicative for the organization of our exchange.
... for a 10.02/contract debit. Max Profit: $98/contract Max Loss: $1002/contract Break Even/Cost Basis: 10.02/share Theta: 1.23 Delta: 46.78 Notes: High rank and implied (84/57). Going with the cost basis reduction setup without a timer on it ... .
This stock took a massive hit a few months and has been recovering under positive news(check 1 year) Massive bull flag with a 1 month breakout above 200 EMA and VWAP Chart shows 1 month Gapping up to 12+ USD shoudn't be a problem in the coming weeks
sell 4 pbr 12 oct 11 call sell 4 pbr 12 oct 11 put credit received 7.83 theta 11.17 delta -0.41 probability of profit 57% initial margin 872.14 looking to manage at 25 credit received
sell 4 pbr 3.86% 12 oct 11 call sell 4 pbr 3.86% 12 oct 11 put credit received 7.83 theta 11.17 delta -0.41 probability of profit 57% initial margin 872.14 looking to manage at 25 credit received
1-To get to the Fibo, it would still need to fall another week. 2- But the recovery in the week was 3.24% + or -, as see the figure. This indicated force and volume. 3- There is a good "distance" to the average in orange, this indicates that there may be an return to the average on this week, but, everything depends on the monday candle. TIPS: Begin the week...
Petrobras looks like it could fall to 6.44 +/- and then should pop-up