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Chile

Grupo Security.Chilean Stocks. Pure Technical Projection. H&S in formation, which until now shows itself as a Bat in his last leg and its reversal will paint the right shoulder. This stock have been in a strong uptrend the lasts years, so now could be time for correct itself. But this will be in Bulls hands at the moment of reaching the top of the right shoulder because if price can breakthrough that level (which is the current price level) the uptrend is not over. For entry long, wait to touch the neckline = Bat D point (260-270), than hold until the top of the last shoulder (295-300: 9%). After that, better to stay out and keep watching.
BCS:SECURITY
by SolMar
1
LATAM Airlines Group.Chilean Stocks. Pure Technical Projection. Huge C&H: Cup: From March 19 2013 (the day before the big spike) to 30 Jan. 2018. Handle: From Feb. 1 2018 to Sept. 11 2018. Right in the 61.8% retrace from the lower to the highest point of the cup. In the reversal one small iH&S completed and one big iH&S in process to close the Head and than possibly retest 6650 to paint the right shoulder. MACD and RSI have converge against price before the reversal. In case this is right, this stock will offer several opportunities. Other targets are beyond the presented frame. Support at 6000 must be respected to make this valid.
BCS:LTM
by SolMar