It was requested a little thought about this asset, which is USIMINAS (USIM5). There is not too much to say based on Daily time-frame; but, here it is:
As it is possible to see, we are facing Double Top Pattern, which has as its characteristic a reverse movement in price.
StochasticRSI shows us that we might have some space for more upward movement of this asset; however, I am expecting sell movement on Friday 4th August, 2017.
As it is possible to see, we are facing Double Top Pattern, which has as its characteristic a reverse movement in price.
StochasticRSI shows us that we might have some space for more upward movement of this asset; however, I am expecting sell movement on Friday 4th August, 2017.