Contextual immersion trading strategy idea.
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $15.30;
stop-loss —...
Last QR earnings beaten. Chart is flatting. Slowly going through the resistances. It will last a while, but a gain can be huge.
Stop loss : 12.30
Buy entry, anywhere above SP.
Price targets :
1PT 18.62
2PT 24.16
3PT 28.53
4PT 32.26
5PT 36.22
6PT 50.17
7PT 58.40
8PT 67.49
9PT 75.23
10PT 86.94
Above that.... Noone knows. But i dont really believe it will go...
The 4 ADRs increased volume very noticeably in the last few wheels at the same time as they hit the top of the sideways Bollinger in which they are developing. While the second Bollinger implies a higher range of higher volatility, the previous sentence leaves me with the impression that even this move is coming and that the banks are getting ready to pull back a...
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four...
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four...
GRAN reunion de traders gracias a todos fue excelente la participación ... analizamos mas de 20 activos $bma #gold $txar $come #ko $sami #nvda #ba #x #wti #hmi $mori $ypf $teco $ceco $trans $byma $dgcu $auy $ggal $merval $imv planeta trading by Versa
$BMA está haciendo piso en el gráfico de comprensión semanal, luego de las fuertes caídas de esta semana tras la vinculación de su presidente y principal accionista con el testaferro del ex presidente Boudou.
We often take a double bottom to be a sign of a bullish market structure.
A double bottom with a breakout ends up looking like a 'W'.
However, it's NOT double bottom when the second low is LOWER than the first low.
The second leg must be EQUAL or SLIGHTLY GREATER than the first low, for it to be considered a valid 'W'.
Why? Well, the second leg of the...
I expect BMA to fall to 12 by early December taking into account Argentina macroeconomic as well as FX situation and volatility in EM.
A tgt between 20/25 by Early december.
BMA forming a coup and handle patter. This could be a huge potential for the stock IMO!
However geopolitical uncertainties and usual trade wars crap, might screw up this beautiful chart!
Más allá de estar a apenas 2 dólares de una resistencia importante, el MACD está empezando a darse vuelta. Con la recorrida que tuvo, lo más inteligente parece ser salir.
NYSE:BMA ADR del papel argentino analizado en compresión diaria, presenta un lindo banderín en la zona entre 89,75 y 62,6 coincidente también entre las líneas de extensión de Fibonacci de 1,236 y 1. Punto importante a notar es el achatamiento del MACD cerca de un valor histórico de 6,19. Podría mostrar un probable cambio de concavidad o simplemente un descanso...
