LONG if takes zone 0.3 of Fibonacci as resistanceFIBO rebound strategy has worked well, the previous entry was at 0.5 FIBO, this new entry can occur if it exceeds the 0.3 zone and takes it as support.
LongLong
IBM in BMV about to start bearish trendI just checked in a long timestamp and found that bullish channel has been broken, also right now I saw wave B is ongoing which makes confluence with H-C-H pattern and bearish Edge pattern too. We can see squeeze momentum is also ready for this bearish trend and CRSI is pointing too.
Short
BRKB Long Term Trendline BrokenWe should see some fresh lows in the coming few weeks or months. Look for a swing up and a violent turn down.
Bull long termI see two good point to buy here, this only for long term, I believe we need to wait couple days more to make an order.
Long
BanRegio, RegionalParece que rompe parte alta de canal bajista; de mantener abre la puerta Crecimiento @116 Pesos
@nestorbazan
BMV:R/A
Long
Beginner analysis about ALSEA whit 2 indicatorsHey there, I'm new into this and take a beginner lessons for Technical Analysis.
In this chart I'm doing an analysis by "Acción de Precio" (name in spanish) and a Fibo.
I'll be reading you guys, have a good day.
Patrón Armónico Alcista en gráfico mensual de ARCA CONTINENTALEn gráfico mensual de ARCA CONTINENTAL, se ha identificado un patrón armónico de implicaciones alcistas. Al parecer se ha validado dicho patrón.
Long
Head n shoulderSe formo un head and shoulders muy claro, en los siguientes meses ira cayendo hacia el soporte de los 25-30.
Short
$CEMEXRight at the Fibonacci 0.236 after two months of consolidation. Lets see if it breaks above 14.92 to confirm a breakout #TRMX
Long
GRUMA, looking good, wordwide companyGRUMA, looking good, wordwide company
GRUMA World's largest corn flour and tortilla producer. Defensive. Stimulus-driven exposure to North America (62% of earnings). One of the most profitable and fastest growing companies in the food sector. Healthy balance sheet. The stock trades at a 20% discount to historical valuation.
Long
$GRUMA EMA crossoverThe stock is getting back on track after the recent move over the .236 retracement
Long
Elliott Waves Analysis for TELEVISA/CPO (Review 3)Hello traders!
Today I cleaned the house. That's right, this allowed me to detect some areas of opportunity on my previous analysis published on the same stock. The chart has become cleaner and I did make some changes to my previous Elliott counts.
Let's get down to business;
The proposal resulting from the analysis is as follows;
a) The most optimistic: we continue in wave (4) with the possibility of reaching prices up to $51.75 MXN (as long as I refer to a target price in the area of this p
Time to correct in TLEVISA/CPO?Hello traders!
Today I present an update on TLEVISA/CPO. In general if there are changes in the interpretation of the Elliott count, this derived from the way the price has been behaving since May 25, 2020, when we saw the share price touch $22.70 MXN.
LET'S GO TO THE ANALYSIS;
1.- The first point I want to address is that the main trend of the issuer is still DOWN, that is to say, for TLEVISA/CPO the "bears" are still in control of the price.
2.- Since May 25, 2020, the price increase is mor
Short
Elliott Waves Analysis for PEÑOLES ¿LONG? (Review 1)Hello traders!
Let's be brief.
What's going on with Peñoles?... Well, we have a long term bearish scenario where in the short term the trend is bullish (target; break $436.79 MXN/peñoles), motivated by a big ABC to form a (Y) and then fall down again. On the other hand, the correction in Peñoles came to an end (complete ABC) and we are starting a new cycle. Is it easy to know that difference? Not at the moment, it is advisable to wait a little longer. The advantage is that whether it is a new
Long
Elliott Waves Analysis for PEÑOLES; I'm NOT feeling bullish!Hello my dear traders!
Before I start I would like to mention that this PEÑOLES analysis, if it comes true as I am proposing, would be a beautiful thing in terms of learning. Although I am a young soul in the Elliott wave theory I know about the existence of this type of corrections, however, this would be the first time I come across one as they are quite rare.
LET'S GO TO THE ANALYSIS;
Why do I believe that this stock has a very high possibility of entering a "WXYXZ" (super complex) correct
Long
Just one of my ideasI think this one is just a beautiful chart, easy to read with Eliot… I don’t know much of trade, it’s kind of my first try in BMV.
Thanks to reading and please leave any comments.
This is not advice or encouragement to trade securities or any asset class.
Long
ASUR/B [Elliott Wave Analysis Update]Hello traders!
It's been so long since I updated ASUR and I recognize that so much has happened in this stock since then, and even though it's not one of my favorites, it's due for an analysis.
GOING INTO THE ANALYSIS:
-. ASUR is in a cycle correction through the formation of a "plane". At this point we do not know if it is a "regular plane" or an "irregular plane". In the case of this analysis, I am suggesting that I have the impression that the market will choose to form an "irregular plane
CEMEXCEMEX is at an important point, it must break the previous resistance to be operated or obtain liquidity below to rise again and release the RSI
