The algorithm is proposing a trade in ITUB which seems quite interesting. A channel has been formed creating a kind of big flag. The most probable scenario is a bounce to the upper zone again but be ready for a retest of the lows, so if the channel breaks down you can also profit by shorting with a risk reward of 2. If the price bounce as expected, the risk...
Hello ladies and gentlemen, according to my graphical analysis of ITAU UNIBANCO BANCO HOLDING SA , I recommend for the moment to keep ITUB Stock in your portfolio because there is a great probability of reaching 6$.
ITUB looks to be in a some up trend on the 1hr but going out to the daily you will see its making bear flag NYSE:ITUB
Black M Team: ITUB , NYSE After breaking the trend line, the pullback is complete. Resistance range in oscillator indicators ____________ TP1=3.65 TP2=3.3 TP3=2.9 SL=4.6
no-brainer here. gigantic float, so patience is required go ITUB $ITUB !
Possible Scenario: LONG Evidence: Price Action TP1: 6.75$ Call options, Strike 7$, 07/16/21 *This is my idea and could be wrong 100%
Hello traders and investors! Let’s talk about ITUB here, as we can extract an important lesson from this stock. Maybe it is unfair to say it is an "out of the radar stock", as it is one of the most traded, but since it is not that popular, I'll label it as "out of the radar". ITUB is an ADR, a Brazilian stock traded in the US (if you don’t know, I’m one of the...
Hello Investor, Everybody who follows the market knows that the financial sector (as the energy too) is suffering a lot this year. We see the XLF underperforming the SPX with a big spread. So, in Brazil is not different. If you open a chart to compare IFNC (our financial index) to IBOV, you can see a significant spread too. But, in Brazil the banks and the...
Ever seen a "Brazilian Zebra"? Pictured here is an ITUB (35/76) Zero Extrinsic Back Ratio Spread (hence the colorful acronym, "ZEBRA") in the Brazilian financial, ITUB. Since Zebras are high delta directional plays, they're seen as synthetic stock substitutes and can be deployed both on the call side (long), as well as on the put side (short), with the general...
Dear Investor, After a very tough week, we saw the Brazilian financial sector suffer intensely. The Banks' stock prices dropped aggressively, mostly the great bank NYSE:ITUB . On Friday, April 3rd, I started buying the NYSE:ITUB shares by $3.78 each. And I intend to increase the LONG position in any further drops below that price. It's a extremely solid bank...
Analise seguindo fibo, resistencia e Elliot... aguardamos o próximo trigger para onda 5.
Simple range play on ITUB, RSI Levels following trend, Volume profile POC suggesting a move to the upper resistance to continue the pattern. Aside from playing the range, I will be watching volume at support/resistance for a breakout. If bearish, i will be watching for a support to form around ~6.58. If bullish, volume profile suggests some resistance could occur at ~9.60.
ITUB Bounce from the level, entry after confirmation
El índice de la bolsa brasilera cerró esta semana en los 102.900 puntos, estacionándose sobre la linea de tendencia bajista que trae desde hace dos meses. Si bien falló en el primer intento de quebrarla, parece haber conformado un pequeño banderín alcista. El próximo lunes parece ser decisivo para ver si logra quebrarla. De hacerlo, se habilitaría el objetivo...
Divergencia bajista clara en el índice de la bolsa brasilera, timeframe semanal (1W). Ya ejecutó una corrección, veremos si es suficiente o si va por más. Hasta no quebrar la línea de tendencia bajista roja (en el chart de 60 min.) no podemos darla por terminada. Lo positivo: apoyó en el retroceso 0.618 y salió, se mantuvo dentro del canal alcista. A esperar.