ABEV has reached Profit Target 1 on a Jake Bernstein MAC CMC traI have modified two existing scripts to plot the Jake Bernstein MAC method with the Williams AD on a single chart. ABEV had two bars below the bottom channel. This is a CMC swing trade. It has reached profit target 1 (bottom of the channel). Profit target 2 is the top of the channel.
ABEV trade ideas
ABEV- Surely this will strengthen?I just think its far too cheap at current levels. Solid company so theres an exciting opportunity rising.
Im going to be buying this up fast. Thanks for viewing ! This is not financial advice , please consider your own DD and RM.
Maybe theres a possibility for further downpour. Who knows?
GoNoGo Charts is a "Go" on ABEV with momentum and volumeFriday’s price has pushed ABEV above the highs of the consolidation range that we have seen since the lows of March.
The GoNoGo Trend Indicator is a strong “Go” and has been for a few bars. Initially the trend was flagged a “Go” but as it fought with resistance struggled to paint the brightest blue. It is a good sign to see the trend strengthening.
In the lower panel, the GoNoGo Oscillator has broken above zero and found support there, with renewed positive momentum as the price trend has strengthened.
It is also encouraging to see that the GoNoGo Oscillator has been dark blue during this recent price action, indicating that there is strong volume associated with it.
ABEV - Gap up above resistance! *HIGH ALERT DAY TRADE*All,
Must watch on this for a break, be patient and careful. Could be a huge move in the making. Could also gap down first then skyrocket for huge gains so wait for the full candle break above or gap down to retest support and fill gap either one should be solid gain.