GGAL provides a hard support on the upper trendline
The price is testing with poor volume at midday time.
Time to lunch?
Reasonable trend after minimun.
Two mayor events are comming.
Political disaster on October the 29th and Econimic collapse after December 10th.
Nevermind who wins, we are all doomed.
Las viejas líneas del mes pasado hoy se ven no solo soportadas sino validadas.
Me sorprende a mi mismo no haber manejado la situación, basada en mi propio análisis y descuidar las oportunidades del día a día.
Confiar en el análisis propio debe ser una tarea mas consistente.
Uno, como novato se deja llevar por comentarios...
Well, this one is flying solo its 3rd wave with some more room to go up. All trends pointing up after presidential ellections in Brazil may put it in a bullish for some more time.
A pushback is espected and a final maximun too, later, so watch it carefully.
A long CALL is a good choice but it will need to be managed after...
Here is a weird position.
Shall we finish the bottom, or we jump into the blasting of the begining 3rd wave?
Only the future will define the reality. Is it an extended unfinished short 5th wave, or a starting long 3rd wave?
They are both tools to bet on them.
This is very sensible to global market, if the big bucks blast,...
This thing moves from 3 and a half to almost 5 up and down, up and own, up and down in a neverending lateral swing.
Predicting here is very complicated because swings are prety quick and volatil but around a limited price range.
Is not the proper stock to go long, neither short, is good enough to practice up and down...
Predicting is difficult, and also self esteem consuming after time showing reality, but it should't discourage. We all learn from it.
I analize Argentinian GGAL price, trough Fibos retractions and time extensions, to get targets, but has to rely on main trends.
I'm predicting that is going SOUTH and I mean to be SHORT....