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!
Mervalbuenosaires
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.
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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Merval for foreign investors: Interesting risk/rewardI would like to point out the positive risk/reward the Argentinian stock market presents currently. I will keep adding to my savings in the local market when viable. I would say it looks quite good, even for foreign investors. I had been expecting the government to make progress with their infrastructure plan, and it seems like we will being seeing some movement in that regard, which should give immediate upside to banks and a few other stocks. I would reccomend getting involved with the likes of BCBA:$BMA, BCBA:$FRAN, BCBA:$GGAL, BCBA:$CRES, BCBA:$IRSA, among other names like BCBA:$AUSO, BCBA:$CTIO, to name a few.
Best of luck,
Ivan Labrie.
BMA - MacroBanco Macro en búsqueda de los $220 luego de recuperar la caída producida por la posible vinculación con el dueno del banco. rompiendo al alza la barrera de los 200$ habilita ir a buscar la resistencia en los $220 donde existe resistencia importante.
MACD semanal en senal de venta. (nunca considerar como recomendación de compra/venta de activos)
Seguinos en Twitter y YouTube para más análisis.
GGAL - Galicia Galicia abre la semana con Gap debido al que el día viernes no tuvimos bolsa en Argentina pero el ADR de Galicia tuvo un buen salto en la cotización que fue compensado en el día de hoy.
Va en busca de los $115. Posible objetivo que surge de la resistencia por desdoblamiento de canal alcista de largo plazo. Veremos qué dice el mercado. (nunca considerar como recomendación de compra/venta de activos)
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Seguinos en YouTube o Twitter para más análisis:
YouTube: www.youtube.com
Twitter: twitter.com
TRAN - Transener rompiendo techo de canalTransener pudo romper al alza el techo del canal de largo plazo por lo que habilitaría el objetivo del techo del desdoblamiento de canal en la zona de los $48,8. Sería bueno ver un aumento en el volumen negociado para despejar las dudas. MACD en velas semanales apoyando la hipótesis alcista. Importante no perder el soporte en los $44. Veremos qué dice el mercado.
(no considerar como recomendación de compra/venta de activos)
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Seguinos en el canal de YouTube para más análisis: www.youtube.com
MIRG - MirgorMirgor no pudo nuevamente contra la resistencia en los $520. Necesitamos ver ruptura con alto volumen negociado para ir a buscar nuevo target en techo de canal (zona de los $680). Soporte inmediato $470. MACD en velas semanales apoyando hipótesis alcista. Veremos qué dice el mercado.
(nunca considerar como recomendación de compra/venta de activos)
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Seguinos en el canal de YouTube para más análisis: www.youtube.com
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)
$MERV Julio 04 +0,8% Volumen 273Mo mejor $TRAN +3,94% $TGNO +3,61% $ALUA +3,24% Lo peor $BMA -1,17% $TECO -1,08% $JMIN -0,93%
$MERV Jul-03$MERV +1,6% en recuperación con Volumen 500M
- cruce alcista MACD + confirmación cruce alcista MA 30
Lo mejor $TECO +14,8% $AUSO +3,9%
Lo peor $DGCU -4,6% $CTIO -0,8%
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.
ARGT: Argentina is ready for take offARGT has a very strong signal here, compelling uptrend continuation. I'd reccomend getting long here and adding on dips after today's close, risking $1 down.
Very nice potential upside, a good addition to your portfolio.
Good luck,
Ivan Labrie.
IMV @ daily @ 3rd best performer (of 57 indices) while last weekThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Performance in percent while different periods (57 Share Indices)
drive.google.com
Best regards :)
Aaron
