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!
Mervalargentina
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
#MERVALRompió el megáfono, impulsado por noticia de arreglo en reestructuración de deuda. Hizo pullback al ahora soporte previo.. de aquí veremos
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.
Rombo en Grafico del Indice MervalVista de gráfico en velas diarias formando patron chartista de diamante que luego ejecuto una baja del 45% a partir del día 10 de febrero. Es entendible que todos los indicadores dan a la baja.
BBAR: sigue la tendencia bajistaEn referencia al gráfico publicado anteriormente se ve que se sigue la tendencia bajista hasta la resistencia. Posible rebote.
ALUA:Aluar escapa del canal bajista con volumen creciente, reconociendo el día 17/01 el soporte alcista anterior, ahora convertido en resistencia.
Sin embargo, actualmente no sólo se ubica por encima de dicho canal, sino que además está por encima de la resistencia de $33,30 (ahora también soporte)-. Mi target es $39, posiblemente busque formar un doble techo. El tiempo dirá. Por ahora, mi visión es LONG.
APBR - ArgentinaPetrobras respeto la base del canal alcista que viene en el que se encuentra operando desde hace ya varios meses.
Actualmente esta luchando por mantenerse arriba de la EMA50 (marcada en color naranja).
Atencion!! Presenta una importante divergencia bajista en el MACD y en el RSI que se viene gestando hace varios meses.
Habra que ver si se mantiene por encima de la EMA50 o si ira a testear la base del canal otra vez.
APBR has been trading in a bullish parallel channel for several months.
It's struggling to operate above EMA50 in the daily chart.
It has successfully bounced from the base of the channel a few days ago.
However it has been forming a bearish divergence both in the MACD and RSI so it would be reasonable
for the price to adjust to this one.
Comprando PAMPAPoco riesgo y buenas probabilidades de ganancia.
RSI dando compra.
Atentos para el long.
CEPU buscando el cabezazo.CEPU tiene muchas probabilidades de rebote, RSI en divergencia.
Paciencia y esperar el rebote.
MERVAL The Tango is very close to changing its melodyMERVAL is struggling and the Tango is very close to changing its melody. Argentina faces complicated winds actually, a feared recession that would complicate Macri's plans and his country. I wish to be wrong, but it could be good for foreign investors to play with and buy around 22,000.
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