SergioGarofoli

APBR in Argie mode

Long
BCBA:APBR   None

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 the pushback, because a 4th wave is pretty difficult to handle.

The future is rather grey but this one has a brighter light than others, and is also very correlated with oil.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.