There is a triangle in 
ECOR3 5M that could lead to a upward trend or a downward if breaks below line.
Also you need take care about false breakings in this pattern, for now i just can suggest watch market movements and wait a trustful breaking.
If you wanna hold this share (Swing trade) there is a good trending line on H4, so keep long position until second word
ECOR3 5M that could lead to a upward trend or a downward if breaks below line.Also you need take care about false breakings in this pattern, for now i just can suggest watch market movements and wait a trustful breaking.
If you wanna hold this share (Swing trade) there is a good trending line on H4, so keep long position until second word
Trade active
The upper line was broke, now i am longSL: 9.29
TP: 9.44
Note
Share paid R$0,28 on cash dividend. I was forced to enlarge stop loss because there is a great movement today (BOVESPA has this trait...) Now:SL: 8.04
TP: 9.24
My medium price is now 8.82 because i bought more shares at 8.45, after a morning star pattern.
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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.