matjaz70

BRFS downtrend channel

Short
matjaz70 Updated   
NYSE:BRFS   BRF S.A.
Big pictrue of fundamental analysis and technical analysis. stocks are rising for a while, today release was because of donald situation to not make a deal with china, up trend is good and solid
Write sometning about your psyhology thinking before trade? I am ok and capable to trade
Describe the trade. What you see? there is a megaphone and the price is on the support line of the megaphone, eliot could be at fouthe wave, fifth expected, moving avereage could imagine that are in downturn, also 200sma is flatening. P/E is a little high but still in borders. fundametal analysis looks good only ROE and ROA looks preaty bad. Stock is 13,65 % down from 52W high.
Write why you want to enter the trade in this point? support short and long term
Trade closed: stop reached:
What have I done well for this trade? the enter point was clear
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