m2 BCRA and MEP correlation ?Correlation between PESO m2 BCRA and MEP measured by AAPL/AAPLD on BYMA
BYMA
CRESUD SACIFYA - 4hs - BYMA - SHORT - ESSe puedo observar que nos encontramos en una zona de definición, las posibilidades son claras:
1-) Realiza un fuerte GAP para quebrar con resistencia superior.
2-) Realiza un rebote, aunque puede perforar parcialmente la resistencia superior.
Según mi criterio las posibilidades se inclinan mas a la baja, buscando el piso inferior ROJO
EDN - EDENOR HEADING TO THE ROCKET STATION!!! VARIOS TRADERS COINCIDIMOS EN QUE A LARGO PLAZO ESTE PAPEL DA FRUTOS...
SERA EL MOMENTO DE ENTRAR??? OPINIONES SE BUSCAN!
AS MANY TRADERS AGREE, THIS STOCK WILL PRODUCE GREAT PROFIT IN THE LONGTERM
IS IT THE RIGHT TIME TO INVEST??? COMMENTS REQUIRED!
TGLT - What's this figure?Apart form the surely artificial rally from late July 2020, TGLT is describing a perfectly symmetrical figure, which begins from January 2020. What is it? I don't know: maybe some kind of reversal double-headed & shoulders... If so, would price sink up to ARS 5,00? Better wait no confirmation!
IRSA - Triangulo descendente anticipa caida de la cotizacionInversiones y Representaciones Sociedad Anónima (IRSA) formando un triangulo descendente, con base en los ARS 43, y objetivo de precios en el soporte de ARS 38,50. la figura se confirma con la caida en volumen de operaciones, asi como también la tendencia del histograma MACD y la debilidad del Demand Index
BMA - Reaching top limit within ascending wedge formationBanco Macro SA (BCBA: BMA) is about to complete an ascending wedge formation. From its current ARS 253, its target is most likely to be between ARS 239 and ARS 234, as several support contacts have been tested there.
SAMI - Head and shoulders confirmationSan Miguel S.A (SAMI) Is about to confirm a head and shoulders formation. After a tremendous price sinking, the only way now is upwards, but not that up: With some luck prices will recover up to ARS 142 before decreasing up to who knows at which price.
TXAR - Rebound within flat bottom wedgeToday Ternium Argentina (TXAR) began its way up towards its next resistance within its wedge, located around ARS 35. It can be noticed a substantial difference between selling and buying volume, being the former the most significant. Stoch RSI is 5/10, MACD is still depicting a downwards trend, and Momentum has reached its lowest level since COVID-19 market meltdown in mid-March.
Strategy: Do not buy this stock, and if you already own it, sell it when reaching a price between ARS 35 and ARS 36.
BMA: Aiming towawrds its next short-term resistanceThe chart analyses the current trend of BMA (Banco Macro SA), taking into account MACD, Stoch RSI, and Momentum. The stock is thriving to reach to its next price milestone around ARS 256. As noticed by the green circles, the stock tried to set a new baseline on this value: May 12, March 05, and December 19 of 2019, and today July 13. However, indicators show more potential this time, as volume is increasing steadily, RSI though high has not yet reached 100/100; MACD has not yet reached 3.560, as it is currently at 2.600; and Momentum is almost at its resistance of 18.200.
I'd suggest waiting until prices get to about ARS 255, and re-evaluate the situation: mind that prices right now are highly volatile and related to the news about sovereign debt.
GGAL BULL TREND BLACK ROCKGGAL
GGAL ADR is going to have a huge bull trend. Pay attention to Argentina´s Info in our channel, don´t look at TV programs.
The deal is on going between Black Rock and the others Holdings, with Guzman.
We will see a good bull trend, interesting to play in BYMA if you have the chance, or also in USA markets.
Supervielle (SUPV) , Banco Macro (BMA) and so others could have the same way.
Good time for a Call!
See you later!!
AR:PATA - Signs of breaking current bearish trendImportadora y Exportadora Patagonia (PATA) shows signs of starting its way up. RSI, MACD and Momentum are increasing at a moderate rhythm, but most importantly prices are about to escape from the downward channel that began after May 04 (ARS 43,00). The current RSI, MACD, and Momentum values depict an interesting point of
There are some resistances to consider: In regards of pricing, the first resistance is around ARS 36,50, confirmed with five contacts. If surpassed, ARS 38,00 should be considered. MACD +0,40 and Momentum +2,80 should also be considered as a sell signal.
AR:CVH Reaching maximum within rectangular channelThe chart analyses an imminent bearish trend for Cablevision Holding (AR:CVH) stock, as prices are near the top of its rectangular, parallel channel. As can be seen in the chart, after an interesting bearish trend, the stock got into a rectangular channel, peaking un ARS 478 on June 08. In that occasion, RSI reached 85/85, MACD reached +5.30, and Momentum reached +61,00, with MACD curves depicting a bullish trend four days after crossing each other.
Current stats show RSI 98/94, MACD +5.60, and Momentum reaching +90,00. Considering this, and noticing that prices are near its resistance line, I believe that it is almost the time to sell, and by no means to buy.
AR:BMA Strategy for July 07 and July 08The chart analyses short-term pricing after comparing a 21 EMA bullish trend, 30/50 RSI values, and MACD trends immediately before changing its convergence to overselling, considering moderate volume. These conditions were met seven times between 2016 and 2020, with an average of 15,57% increase in stock price within a span of 9 days on average. In the current case, the starting point is set on 30 June ($198) and ending July 8, before Argentina's Independence Day (July 9 and 10 are free days).
I'd suggest selling immediately after the market opens on July 07 (and rebuying when price reaches around $228 on July 08). The current price ($238) could be a consider a resistance, as prices have dropped from there two times before (see orange circles).
Edenor EDN BYMAEDENOR
EMP DIS NOR EDENOR
Pullback acumulado de 10%
se espera un 5% mas para un precio de entrada a 20.40 - 20.05
para recuperar rapidamente ese +10% para largo medio plazo vender a 22$ ó +
Pioneering the Monthly Slingshot on AMRSAMRS has a lot going on, one could make a case for several patterns, but on earnings, it helps to scope out and look for the plays that can post big moves. This leads to profitable options trading opportunities. I usually take my own advice and straddle when I find the big movers, but when you pioneer a pattern called the slingshot you hammer calls, slam beers, and dial in after hours.
Two other earnings plays after hours I'll be straddling are $PLAY & $CALM (opposites attract).
NASDAQ:AMRS
[GGAL] ADR - Version semanalpues estaremos atentos, esta es la configuracion mas probable, dificilmente rompa 18USD y solape con la 1
Buy BYMAIt's so stressful the situation in Argentina but it's not the end!
1) Hammer
2) Fibbonacci!
3) Good fundamentals
Posible comportamiento del MerVal para los próximos 4 meses.Ante las próximas elecciones es posible que veamos caidas fuertes y rapidas, que nos lleven a un Merval de 16.000 Puntos, teniendo su primera parada en los 18.500.
SHORT IDEA: Indice Merval - Argentina $MERVAL #MERVALMaybe we are having a double top in front of us.
The principal argentinian index has lost his previus bullish trend and now is showing a little weakness.
This index is not the most diversified one right now, having an important concentration of companies related to generation/distrubution of energy which are starting to go down.
There is a chance to take advantage of this situation, going into a short position of this index at @22050 points looking for covering it at @20500. (a -7,5% sinking)
Time to go short Argentina equities?After making a basic 5 wave impulse sequence, it seems to be asking for corrective sequence now.
So, the Merval Argentina's key stock-market index seems poised for a fall and looks Marvelous to short.
