NEMAK/A trade ideas
maybe a bounceThis has been one of the most oversold episodes of the stock in it´s history. I think it might bounce back maybe to the 38.2% of the fibonacci scale. around 13 pesos.
Bearish Shark for NEMAKBasing this purely on harmonics. The fundamentals are a bit against this idea since NEMAK announced pretty good fundamentals with a forecast of increase of sales in their aluminum products in the USA.
