Buy $CBD - NRPicks 23 DecCompanhia Brasileira de Distribuicao is engaged in the retail sale of food, clothing, home appliances, electronics and other products through its chain of hypermarkets, supermarkets, specialty stores and department stores in Brazil.
Revenue TTM 9.3B
Net Income TTM 298M
EBITDA TTM 575M
Debt/EBITDA TTM 4.35x
P/S 0.12
P/B 0.46
P/E 4.45
CBDBY trade ideas
Possible reversion for PCAR3In month time line it drops to little bellow the 0.68 range of Fibonacci, testing the orange support line. If it holds in the support and start to growing again possible 67% gain to the highest last pic.
If it does not resist and break the support it may drop to 21.00 which is the range of the exponential moving average of 56 periods.
Strategy will be waiting for the 0.68 testing and confirm the reversion to buy!
Buy $CBD - NRPicks 06 AgoCompanhia Brasileira de Distribuicao is engaged in the retail sale of food, clothing, home appliances, electronics and other products through its chain of hypermarkets, supermarkets, specialty stores and department stores located in different cities in Brazil.
Revenue TTM 10.2B
Net Income TTM 445M
EBITDA TTM 678M
Cash TTM 989M
Gross Margin TTM 27.2%
P/E 5.74
Dividend Yield 7.48% P/S 0.16
P/S 0.16
P/B 0.62
PCAR3 - Start downtrendPCAR3 is two days going down, as it is now bellow the 8 week average, it will probably reverse at first yellow line that is the month 0.38 Fibonacci retracement. If it reverse the price could reach to 41 which was the last top, or higher with it is able to win the 41 resistance.
CBD: Bullish Flag, awaiting confirmation (32%)Bullish Flag, awaiting confirmation (32%)
Pros:
Volume during post formation
Descending volume during Flag
Volume at break out, some
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 6
ATR ascending
250RSI above 50 and ascending
200MA ascending
Target:
PT = 6.81$
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CBD LongI have bought it from $22.10...... you can buy it from 23 SL 19.50 1st target is $29 2nd target $40
