raphaufrj

RAIL3 long term trendline

Long
raphaufrj Updated   
BMFBOVESPA:RAIL3   RUMO S.A. ON ED NM
RAIL3 in week timeframe is near a long term parallel channel. A few days ago marked a double top, and reached the target of short swing trade having found sma200 and long term trendline. In addition, this week is doing a inside bar, which probably will bring buyers next week in breakout of maximum price of this week.

I'm bullish to the stock.
Trade active
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.