Need to do some DD on this. Berkshire continues to own 10 million shares as of 9/30, reported 11/15. Next report date would be Feb. 15th. I'm a big fan of Brazilian companies, I know there's "political risk" in Brazil, kind of like China, but it's overblown IMO.
Looking at a bottom around 14-15, noticing higher lows, now just need to see prices higher than 21 for a confirmed uptrend. Note that 21 is 50% more than 14; this is probably why I'm into bottom fishing, I don't want to miss a big price rise, in exchange for a lower win rate.
Trade this however you want, I have no position yet, just posting for interest.
Looking at a bottom around 14-15, noticing higher lows, now just need to see prices higher than 21 for a confirmed uptrend. Note that 21 is 50% more than 14; this is probably why I'm into bottom fishing, I don't want to miss a big price rise, in exchange for a lower win rate.
Trade this however you want, I have no position yet, just posting for interest.
Trade active
Well I ended up getting a full position at 15.29 average. How cool is that?If this fails I'm hoping to sell around 15.
Note
compared to other growth stocks this has held up nicely. we'll see what happens tomorrow.
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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.