Argentina due for a bounce ? Bullish pin (hammer) on support Confluence with 61.8% Fibonacci retracement level RSI Bullish Divergence by ChartsAvenueUpdated 0
breakout, time to buyCorrection seems to be over for the Argentinian index. Beginning of the next bull run. Longby ERge103
ARGT: Market bottomed...I'm just documenting this call here. I think the Argentinian stock market bottomed here, together with oil and US interest rates peaking for now. Cheers, Ivan Labrie.Longby IvanLabrieUpdated 3313
ARGT on life supportI just don't understand why this and other emerging markets are getting new life this week. The IMF is and central banks are buying the peso to prevent its free fall. However, the Country's GDP just SHRANK 4%. Some banks are telling folks to by emerging markets now, which doesn't make sense as any price rise is due to central banks buying currency and not due to a strong economy. Who know what kind of dead cat bounce will occur in the next few weeks, but long term prospects are not good. First target at support of 22$, second target at 19$. Peso down over 50% since December and weaker peso compound debt woes.Shortby swift324
Going to support and testing 200 MAArgentinian currency in its all time low versus US$by FAST_insights1
April 18th is the day Argentina started a steeper decline...Argentina's bond issues started to blow up around this time.by GTStockmaster1