Chilean Stocks.
Pure Technical Projection.
2016: Historicals Lows.
2017: Strong uptrend Rally.
2018: Correction. Holding at the 0.618 retracement of 2017 rally, this could be the chance to start a new uptrend.
Important: Price has broken the 2018 downtrend resistance, it just need to hold above the cloud and/or not get inside the channel again, otherwise it will go to the same lows of 2016.
EMAs 144 and 233 are calling the price to rise.
Pure Technical Projection.
2016: Historicals Lows.
2017: Strong uptrend Rally.
2018: Correction. Holding at the 0.618 retracement of 2017 rally, this could be the chance to start a new uptrend.
Important: Price has broken the 2018 downtrend resistance, it just need to hold above the cloud and/or not get inside the channel again, otherwise it will go to the same lows of 2016.
EMAs 144 and 233 are calling the price to rise.
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