Argentinian COME (Almost forever) lateral swinging
This thing moves from 3 and a half to almost 5 up and down, up and own, up and down in a neverending lateral swing.
Predicting here is very complicated because swings are prety quick and volatil but around a limited price range.
Is not the proper stock to go long, neither short, is good enough to practice up and down strategies with stock options.
You won´t make huge money but is a good starting point were to start practicing with serious dedication and limited money.
Stock options are cheap and almost liquid, and price of the stock is much less than penny stock, for the Argie stock exchange.
It worth a (very) few dozen dollars to start practicing.
Everything points to SOUTH, but is moving EAST
Predicting is difficult, and also self esteem consuming after time showing reality, but it should't discourage. We all learn from it.
I analize Argentinian GGAL price, trough Fibos retractions and time extensions, to get targets, but has to rely on main trends.
I'm predicting that is going SOUTH and I mean to be SHORT. In fact I am with a PUT.
Reality shows prices moving EAST, and that means lateralizing with horizontal waves rather difficult to see on daily timeframe .
Some short stock options strategies has to be implemented to the end of this movement espected to end in two months.
VALO - LONG - DAILYBCBA:VALO
Muy castigada. Perdió la correlación con BYMA(se venian comportando muy parecido), una de las dos tendría que ajustar.
Favorece la compra en la base del canal, y las ventas en la parte superior, se nota una divergencia en los mínimos con el LBR.
PRO:
- Riesgo chico, recompensa grande.
- Compra en la base del canal, ya hubo respeto de tal nivel, en reiteradas veces.
- Divergencia alcista
CONTRAS:
- Cuando bajó bajó mucho, velas grandes.
- Subas pausadas y no con tanta fuerza.
CVH - LONG - DAILYBCBA:CVH
Favocere compras, el conteo podría darnos la pauta que se puede venir una reversión, la 5 onda es corta(casi plana) y divergente.
Podría ir a testear los 351 que tanto lo cuestan, si testea esa zona de 351, es que los minimos serian levemente ascendentes y hay muchas mechas en inferiores(encuentra compra rapido), dandole fortaleza para el quiebre. Tuvo la oportunidad de quebrar y lo hizo en intradia, eso da la pauta de que hay gente mirando y dispuesta a que rompa ese valor. Hay que seguirla de cerca, porque estar adentro y que rompa puede darnos grandes ganancias.
Ahora testeando el 382 satisfactoriamente, podría ser el inicio del impulso.






















