$GFNORTE last chance to ride the bull$GFNORTE in elliot wave 4 correction, once completed there is high probability to reach again the levels seen prior to pandemic: 120-140 pesos. Report numbers looked great and is one of the best companies where Mexican funds invest, so looks great for short or long term strategies.
BachocoCompra $64.55
Venta inicial $69.63 - 7.60%
Venta media $72.85 - 12.60%
Venta alta $75.14 - 16.10%
B
Elliott Waves Analysis for CEMEX/CPO (Up date)Hello traders,
Since January 30 of this year I have not published anything about this Stock, so I think it is very worth talking about it. Not only what has changed is the passage of time, also from January to date there is a change in my academic status and in the accumulated hours of doing analysis.
Good;
1.- The first point I want to talk abaout is that from my first post about CEMEX / CPO the count has changed a bit. The proposal now is that we are in a wave "IV" to continue descending,
ASURB Descending broadening wedgeASURB clearly defining a broadening wedge pattern, now the coin is in the air wether it breaks up or down, I think due to company profile that in the long term the break will be upwards, with a probability of touching once again the descending yellow wedge line. Nonetheless, within the broadening wedge there is currently a simetric triangle, this also can give a good sign as to where the break will occur.
MELI Breaks UP or DOWN?Here is my chart explaining some tendencies with channels. I think is going up but I open it to the discussion. A tech company selling online products growing fast and even faster in the pandemic. What are your thoughts? For me it seems neutral trying to go bullish after October.
ALong
At the end of the dark tunnel? (Elliott Waves Analysis)Hello traders!
I believe that this analysis deserves an update since I find relevant information in it.
The first thing I want to mention is that I am working with 2 counts for the BBAJIO/O cycle correction. The one in green and Roman numerals represents idea 1. The one in yellow with Roman numerals represents idea 2.
In terms of idea 1; I have reason to think that the correction is over, am I sure? Not quite since in the internal structure of the last wave the V, we could be seeing an upward
Probable corrección en NIOEl precio está en lo que parece ser una zona de distribución de Wyckoff.
En el último día, el precio hizo un upthrust con mucho volumen relativo a los días anterioes, y el delta también hizo un esfuerzo significante.
El Perfil de volumen muestra que no hay mucha demanda en estos precios de BMV:NIO/N y probablemente regrese al POC.
"Y" no es autoritaria sobre "W", lo que podría hacer que se forme "Z".
Probable correción de BMV:NIO/N .
Elliot Waves Analysis for ALFA/AHello Traders!
Well ... according to Elliot's wave theory I really like the count that I present in this analysis and which reveals the following information;
1.- We are close to starting with the last downward wave; wave 5 of C, the last wave to finish the cycle correction.
2.- Given that wave 1 and wave 3 (purple in color) are practically equal in length, we can expect wave 5 to be of two forms; short or extended. What is likely to come is a SHORT wave, since the extended wave would take us
AShort
Largo en ELEKTRA si cruza el 1206.95BMV:ELEKTRA está llegando a la parte baja de un canal alcista que ha respetado bien. Coincide con el probable término de la onda número 4. El profile y el volumen muestran una probable acumulación de acciones que puede desencadenar un rally hacia la medianera del canal, la cual coincide con el POC del profile donde se distribuyeron muchos títulos semanas antes.
ELong
Alsea en rango Después de una semana desde el día del rally por parte de alfa, esperamos una corrección sana en el nivel de los 13 pesos.
Esperar a la zona de entrada para seguir aprovechando el cambio de tendencia. BMV:ALFA/A
A
Alfa BMV:ALFA/A
Después de una semana desde el día del rally por parte de alfa, esperamos una corrección sana en el nivel de los 13 pesos.
Esperar a la zona de entrada para seguir aprovechando el cambio de tendencia.
A























