ASR trade ideas
ASUR/B [Elliott Wave Analysis Update]Hello traders!
It's been so long since I updated ASUR and I recognize that so much has happened in this stock since then, and even though it's not one of my favorites, it's due for an analysis.
GOING INTO THE ANALYSIS:
-. ASUR is in a cycle correction through the formation of a "plane". At this point we do not know if it is a "regular plane" or an "irregular plane". In the case of this analysis, I am suggesting that I have the impression that the market will choose to form an "irregular plane". In time we will know if this "irregular plane" will turn out to be short or extended.
At what point in the plane are we?
-. We are in wave "b" (magenta color), which for the moment if it is an "irregular plane" must necessarily break the barrier of $404 MXN/ASUR and NOT go beyond the price of $483.47 MXN/ASUR. This from the point of view of the retracement theory already gives us a price range for the issuer to work and finish its structure.
What else does ASUR have to do to complete the "irregular plane" and finish the correction?
-. A wave "c" (magenta color) made up of 5 sub waves of lower degree is coming. This wave "c" will be subject to the retracement theory that corresponds to the whole cycle impulse, waves I, II, III, IV and V (in white). For the time being, there is no point in establishing a price target for this correction to be terminated.
What happens if the issuer does not break the $404 MXN/ASUR barrier and continues to fall?
-. The forecast for the issuer is pessimistic, so pessimistic that we should see it at lows below $196.24 MXN/ASUR. That's how low.
Well, that's all for now... that's as far as we go with this analysis. I hope ASUR enjoys this "irregular plane" so that in the not too distant future, we will not see it so punished.
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Hola traders!
Hace tanto que no actualizaba ASUR y reconozco que han pasado tantas cosas en esta emisora desde entonces, y a pesar de que no es de mis favoritas, ya le toca una analizada.
ENTRANDO AL ANÁLISIS:
-. ASUR se encuentra en una corrección de ciclo mediante la formación de un plano. Hasta este momento no sabemos si se trata de un "plano regular" o un "plano irregular". Para el caso de este análisis estoy planteando que, me da la impresión de que el mercado va a optar por configurar un "plano irregular". Ya con el tiempo sabremos si este "plano irregular" resultará corrido/corto ó extendido.
¿En que momento del plano nos encontramos?
-. Nos encontramos en la onda "b" (color magenta), que por el momento si se trata de un "plano irregular" debe forzosamente romperse la barrera de los $404 MXN/ASUR y NO pasar del precio de los $483.47 MXN/ASUR. Esto desde la óptica de la teoría de retrocesos ya nos da un rango de precios para que la emisora trabaje y termine su estructura.
¿Qué más tiene que hacer ASUR para completar el "plano irregular" y terminar de corregir?
-. Se viene una onda "c" (color magenta) conformada por 5 sub ondas de menor grado. Esta onda "c" estará sujeta a la teoría de retrocesos que corresponde a todo el impulso de ciclo, ondas I, II, III, IV y V ( en color blanco). De momento no tiene caso establecer un precio objetivo para que esta corrección se de por terminada.
¿Qué pasa si la emisora no rompe la barrera de los $404 MXN/ASUR y sigue cayendo?
-. El pronóstico para la emisora es pesimista, tan pesimista que deberíamos verle en mínimos menores a $196.24 MXN/ASUR. Así de menores.
Bien, por el momento es todo... hasta aquí llegamos con este análisis. Deseo que ASUR goce de ese "plano irregular" para que en un futuro no muy lejano, no le veamos tan castigada.
NOTA: Los análisis que en este y otros medios comparto SON DE USO PERSONAL para mi formación académica y no deberán representar para NADIE una recomendación de inversión.
ASURB Descending broadening wedgeASURB clearly defining a broadening wedge pattern, now the coin is in the air wether it breaks up or down, I think due to company profile that in the long term the break will be upwards, with a probability of touching once again the descending yellow wedge line. Nonetheless, within the broadening wedge there is currently a simetric triangle, this also can give a good sign as to where the break will occur.
Elliot Waves Analysis for ASUR/BHello trader!
Today I present the technical analysis from the perspective of "Elliot Waves".
Although there are several ways to count, in all cases my perspective is bearish or at least wait for the station to provide more information that leads us to think bullish.
There is a yellow count with some numbers inside a circle where I think that if the price of the ASUR / B rises it is because it is a wave 2 of the same degree, however, it must be taken into account that this wave could have already ended because the price has already retraced a 50% Fibonacci, so it is possible that it will continue to go down. If this count is correct; the next wave is bearish 3, wave I assure you you don't want to be in. NOTE: The yellow numbers without the circle are an accounting in a smaller fractal.
On the other hand, from a less pessimistic perspective; We can be counting the numbers in white, and that we still need wave 5 of wave C to finish with the station's cycle correction. Anyway... as i said... I stay bearish (for the moment).
The colored squares represent the price zones where the current wave can end. However, with the daily analysis these price zones can be delimited.
Not much more to say. Thank you
ASUR en punto de acumulaciónPunto de acumulación entre los 334.98 y 335.81, para pasar por todo el fibonacci
