Updated
GOL | Brazil
PT1: 34.50
PT2: 44.50
PT3: 54.80
- In @ 16.
Add @ 24.10.
Sell Zone: 99.10
Long bias on Brazil.
Note
GOL had 2 for 1 stock split on 05/02/2017, for this reason the chart shows a 50% gap down, hence, all targets are halved (below) + the graph above is unusable. PT1: 17.25
PT2: 22.25
PT3: 27.4
The corruption scandal involving the leaked recordings of bribery by Brazil's president leave a hazy macroeconomic outlook on the country, tread with caution.
Trade closed: target reached
Trade:2017-04-18 15:19 - Buy @ 16.39 (Split-adjusted price)
2017-11-02 13:34 - Sell @ 21.06
Trade P/L: 28.49%
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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.