- Bovespa (in Br. Real) at all-time high.
- Bovespa (in USD) well of 2008 highs.
- Itau, the largest bank in Brazil - looking quite constructive as it breaks it's downward trend extending back to it's Jan-2020 peak.
- On a relative basis, it appears that JSE banks have out-performed Brazil banks in US Dollar terms.
- Possibly time for Br. banks to some...
Itaú Unibanco Holding S.A. offers a range of financial products and services in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking and Activities with the Corporate Market.
Over the past week, several investors, economists and entrepreneurs in Brazil, including ITUB shareholders, called on the government to...
One swing crossed SMA50 and SMA200
OBV>OBV SMA34
WR above -50
Entry 5.15
Stop 4.6
Target 7
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Itau Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itau and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Its commercial and consumer loans account for 33% and 41% of the bank's total loans, respectively, while foreign loans now account...
Itaú Unibanco is Brazil's largest private bank, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay and Paraguay.
Itau, like the financial sector, was one of the hardest hit by the pandemic, however we could The company is interesting for being one of the...
stuck between 4-10 for over 10 years. honestly not a bad stock if you love a easy winner and dont mind if it moves slow, but not that kind of parabolic play im looking for myself. target 10 here before a pullback. but judging by the chart it might not hit 10 until 2022. goodluck :)
Hello Investor,
Everybody who follows the market knows that the financial sector (as the energy too) is suffering a lot this year. We see the XLF underperforming the SPX with a big spread.
So, in Brazil is not different. If you open a chart to compare IFNC (our financial index) to IBOV, you can see a significant spread too. But, in Brazil the banks and the...
ITUB is trading in major support zone 3.5-4,2 this is wide band and Stocks is being accumulated IMHO. Stock may soon break out of the zone and move above to make a new swing High.
Know nothing about this one. Just saw there was some increased interest in it, and that it had an inside week last week.
What I don't like about it is the time continuity.
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...
