Trend Following tips plot HD as a buy stock. Begin buying calls and if the trend consolidates, in four or five sessions, buy the stock. Calls permit to rescue the gap loss of the waiting for more evidence on trend, with low risk. I suggest 100 20SEP19 190 CALL.
Com a inação das autoridades no sentido de dar consistência às contas públicas o lento, mas consistente processo de frustração vem se fazendo realidade. Forte resistência marcada em uma linha de tendência de baixa. À espera de um conjunto de fatos para que se reverta isso.
This is a Brazilian company in steel sector, which is very damaged by economic crise and commodities cycle. But it is a strong company and with the fixing in Brazilian politics fixind added to commodities market normalizing in medium term, its price will improve. All the relevant move average are in a parallel upping. They show an evident uptrend.
Trend changing? Look for 48K, then for 47K supports. Brazil´s fundamentals are critic just now. Major firms are overpriced. There are some of them that are cheap, but it is a hard mining job. Technical surprises loom over their heads. Volatility is very high.