Bovespa
Divergence between price and indicatorIndicator have a suport region and is going along side, but price is going down. Sugest possible price increase.
Buying the news - Although Lula has screwed upThis downside gap was a reaction to the ex-president Lula accepting the invite to become a Minister to escape justice, the market does not like it at all. Basically it means we will see a little more of Dilma Roussef's ideas and believes - which are the same as Lula - to live a little longer, making the economy struggle.
So it could could be an overreaction, in a way. Long and with short stop to see it.
VALE5 DFORMAÇÃO OCOi INCLINADO MAS QUE NÃO DESCONFIGURA O PADRÃO. ENTRADA MAIS AGRESSIVA COM OBJETIVO NA NECKLINE E OBSERVAÇÃO DE ROMPIMENTO.