IPCA is clearly oversold (RSI < 30 and continuously near lower Bollinger Band) and is near support line. Stock could bounce up in near term.
Note
IPCA bounces back from support line as epected!
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.
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.