Hi, everyone! Short review of GAZP.
As the graph shows, the price is traded in a global falling wedge, within which a local falling channel and an equilateral triangle is formed, in which the price tends to complete the trend. I expect a return to the support line after which the ascent to the trend line with a subsequent sample. Once the price is fixed, a long position can be considered. For the more active traders who trade within the day, I would recommend to consider short-position, as the situation in the country is unfavourable and technical analysis also indicates a continuation of the bear trend.
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
As the graph shows, the price is traded in a global falling wedge, within which a local falling channel and an equilateral triangle is formed, in which the price tends to complete the trend. I expect a return to the support line after which the ascent to the trend line with a subsequent sample. Once the price is fixed, a long position can be considered. For the more active traders who trade within the day, I would recommend to consider short-position, as the situation in the country is unfavourable and technical analysis also indicates a continuation of the bear trend.
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.