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BPAT: Highest yielding bank in ArgentinaI'm swapping my $GGAL, $BMA, $BHIP, $FRAN for more shares in $BPAT. I had already acquired a few positions a month ago, and looking to add today, and on Friday. I think the chart looks great for a strong breakout, and considering all the other banks yield less than 7%, while this one yields close to 10% it is easy to see the appeal here. For now, it isn't trading at NYSE, only in Brazil's stock exchange as an ADR, and locally in the BCBA. Huge upside potential, and maybe an acquisition target for $BMA. As a sidenote, see related ideas, I had pointed out Argentina's appeal for foreign investors, currently, Argentina is the strongest performer globally, YTD, when it comes to broad stock market indices. Best of luck, Ivan Labrie.
BCBA:BPATLong
by IvanLabrie
YPFD Long Term EspectationsEven tough Argentina did not make it into a MSCI upgrade to Emerging Markets last month (notice the last big drop in its price), the bullish trend is still going, the Merval Index (from Argentina) is fully recovered and YPFD bearing its flag stock keeps itself on the bullish channel, respecting major resistances and supports. Last month YPF S.A. bought back its stocks for 100 million ARS at a top price of 450 ARS (at that time the stock was about 350 ARS). Last quarter results were very positive if we are looking for a long term investment, almost 90% of the profit was spent to cancel old debt taken by the last administration, making YPF free to take new loans with the best rates to exploit Vaca Muerta well. Operational cost was also reduced by almost 70%. We LL be expecting a very good second quarter result. Analyst at big firms are expecting an average growth between 450 and 512 ARS in the next months. I do set a take profit target at 467 ARS for the middle term, and wait and see for further price movement.
BCBA:YPFDLong
by RickTraderLTA
A punto caramelo $MIRGEn el dia de Hoy $MIRG pego un gran salto con casi una suba del 7%. En el dia de hoy rompio y confirmo una ruptura de un canal descendiente de mdiano plazo. El unico problema que veo, es que tiene que volver a recuperar el canal ascendente que perdio. Asi que la veo muy pero muy linda, si mañana se confirma arriba de los $301/302. Mi recomendacion arriba de $301/302, si se confirma la ruptura, compro. Abajo de eso, vuelvo a esperar que confirme la suba. $MIRG A punto caramelo!
BCBA:MIRGLong
by martindvorkin
BMA: Holding longsThe trend is very strong in the monthly timeframe. Every single signal has worked, telling us before hand what the market would do, with actionable setups and extremely perfect accuracy. BMA is a good performer, with still a modest valuation, and expected to deliver in the coming months, specially if the government's infrastructure plans pan out favorably, since they are going to benefit from it, being the largest bank outside of Buenos Aires. You can read more about it here: xbma.org The daily chart offers a good low risk entry here, in case you missed it at lower levels. I'll add the ADR chart in the comments. Cheers, Ivan Labrie.
BCBA:BMALong
by IvanLabrie
Mirgor luchando con soporte muy importante!Mirgor se encuentra en zona clave para su futuro a corto plazo, despues de la enorme baja post máximos comenzo un proceso de consolidacion con pendiente bajista mucho menos agresiva que la anterior. Hoy se encuentra en la zona de soporte que ya reconoció 2 veces y que supo ser zona de congestion y resistencia hace mucho tiempo. De perder el soporte el primer target esta en 250-248. De reaccionar al alza y aparecer volumen buscamos un primer target en la resistencia dinamica, un 10% aproximadamente desde el valor actual. Tener presente que este papel está en tendencia bajista hace rato. Pero como siempre, los mínimos se dan cuando el papel está en tendencia bajista.
BCBA:MIRG
by IndependenciaFinanciera
Que complicado te veo $METR$METR Despues de tocar el maximo historico hace unos dias, le toco la hora de descomprimir tal vez para dentro de poco volver hacia arriba. Esta en un canal descendiente, esto no es nada bueno, pero tampoco es muy preocupante. Seguramente vaya hacia los 19.80 donde se ubica el 0.618 de Fibonacci, tal vez ahi tengamos la recuperacion y las ganas para ir hacia los maximos. Si no llega a suceder esto vamos a buscar los $17.71. Asi que, hay que seguirla de cerca, para ver como reacciona en estos dias. CAUTELA, por ahora!
BCBA:METRShort
by martindvorkin
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