HH'S, HL's, trend break, accumulation days, bottoming pattern Strategy: small position
Ever seen a "Brazilian Zebra"? Pictured here is an ITUB (35/76) Zero Extrinsic Back Ratio Spread (hence the colorful acronym, "ZEBRA") in the Brazilian financial, ITUB. Since Zebras are high delta directional plays, they're seen as synthetic stock substitutes and can be deployed both on the call side (long), as well as on the put side (short), with the general...
Dear Investor, After a very tough week, we saw the Brazilian financial sector suffer intensely. The Banks' stock prices dropped aggressively, mostly the great bank NYSE:ITUB . On Friday, April 3rd, I started buying the NYSE:ITUB shares by $3.78 each. And I intend to increase the LONG position in any further drops below that price. It's a extremely solid bank...
Analise seguindo fibo, resistencia e Elliot... aguardamos o próximo trigger para onda 5.
ITUB looking Bullish right now with MACD reversal, oversold RSI, and BB Squeeze
The white line represents resistance. as we can see the line was broken indicating a reversal of the trend. I suppose in a week the value reaches 35. I bought at 33.3 and I hope to sell at 35 to 40
Stock appears to have fairly predictable movement patterns, and recently hit some strong supports from monthly, weekly and daily levels. Price expectation is that we touch ~$8.09 around Feb 18th, and then try to break out of that resistance by the end of march. White = Monthly Purple = Weekly Red = Daily
Sequência de quedas na ITUB4, negócio tá feio. Veio caindo desde o dia 03/01 após deixar estrela cadente no diário bem no topo histórico. Deu uma segurada na MM200, região de suporte nos R$34,50 e perdeu a região nos dias 20 e 21/01. Recuperou com forte candle comprador no dia 23, sentiu a MM200 e suporte rompido nos R$34,50 e voltou a cair. Ontem, 29/01, pesou...
I'm bullish on the Day time frame. In @ 8.25 plan to exit @ 8.60 with a few of my shares left in to see if it will test the upper side of triangle. I’d like to hear your thoughts If you believe $ITUB will continue to grind more upwards after the triangle is broken or if you think pattern will break and bears will win? Thank you!
Simple range play on ITUB, RSI Levels following trend, Volume profile POC suggesting a move to the upper resistance to continue the pattern. Aside from playing the range, I will be watching volume at support/resistance for a breakout. If bearish, i will be watching for a support to form around ~6.58. If bullish, volume profile suggests some resistance could occur at ~9.60.
South American countries going through rampant protests, plopping up in major cities across the continent. Itau Unibanco is an investment bank that caters to most of South America, particularly; Argentina and Chile. Given the political tension and riots within these countries, it's sure to have adverse side effects towards this bank in particular.
ITUB Bounce from the level, entry after confirmation