BMA: Argentine Banking Sector SetupThe Setup:
Banco Macro ( NYSE:BMA ), alongside peers like NYSE:BBAR and NYSE:SUPV , is moving in lockstep with the broader Argentine financial sector breakout. These peers share the exact same 1.5-year structural setup as their group leader ( NASDAQ:GGAL ), driven entirely by the macroeconomic debt resolution. NYSE:BMA and NYSE:BBAR are showing slightly stronger price action with shallower pullbacks, while NYSE:SUPV is lagging but following the same technical blueprint . Pick your f
In-depth trading ideas
BMA: The Argentina Turnaround Play – Reclaiming Key SupportThe Setup: Banco Macro is a high-beta play on the economic stabilization of Argentina. As one of the country's largest private banks, it is a direct beneficiary of the government's aggressive fiscal reforms and the push to normalize the financial sector. When sentiment on Argentina shifts bullish, this stock moves fast.
Technically, NYSE:BMA has pulled back from its highs and is now staging a recovery. We are seeing a reclaim of the 50-Day Moving Average, a critical level that often signals t
BMA Long term tradeReasoning:
Strength in Argentina Banks NYSE:BMA NASDAQ:GGAL NYSE:SUPV
Long-Term Investors (3-12 Month Holds)
Entry: Full position on breakout
Profit Taking: Sell 1/4 to 1/5 at Goal 1
Exit Signal: Close below 20-day EMA (your trend guide) or 50EMA
Why: Strong moves are hard to time at the top, but the 20EMA acts as a reliable trend filter
Note:
Remember: Every long-term investment alert can also be played as a swing trade.
$BMA can rise in the next daysContextual immersion trading strategy idea.
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $15.30;
stop-loss — $14.38.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is pub
BMA slowly coming at stage!Last QR earnings beaten. Chart is flatting. Slowly going through the resistances. It will last a while, but a gain can be huge.
Stop loss : 12.30
Buy entry, anywhere above SP.
Price targets :
1PT 18.62
2PT 24.16
3PT 28.53
4PT 32.26
5PT 36.22
6PT 50.17
7PT 58.40
8PT 67.49
9PT 75.23
10PT 86.94
Above that.... Noone knows. But i dont really believe it will go this high :)
But it's at least 5years trip
Argy banks adding volumeThe 4 ADRs increased volume very noticeably in the last few wheels at the same time as they hit the top of the sideways Bollinger in which they are developing. While the second Bollinger implies a higher range of higher volatility, the previous sentence leaves me with the impression that even this move is coming and that the banks are getting ready to pull back a bit... not too much, I would think, being that the trend of the last few months is sideways.
On a positive note, it is worth noting th
BMA Technical Analysis 🧙Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. The firm generates most of its revenue from Argentina.
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BMA Technical Analysis 🧙Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. The firm generates most of its revenue from Argentina.
If you understand the idea,🎯 press a thumb up! 👍 Have a
This is NOT a double bottomWe often take a double bottom to be a sign of a bullish market structure.
A double bottom with a breakout ends up looking like a 'W'.
However, it's NOT double bottom when the second low is LOWER than the first low.
The second leg must be EQUAL or SLIGHTLY GREATER than the first low, for it to be considered a valid 'W'.
Why? Well, the second leg of the double bottom is just a test of the first initial lows.
If we break those old lows, we haven't really established a bottom.
I can see
$BMANYSE:BMA ADR del papel argentino analizado en compresión diaria, presenta un lindo banderín en la zona entre 89,75 y 62,6 coincidente también entre las líneas de extensión de Fibonacci de 1,236 y 1. Punto importante a notar es el achatamiento del MACD cerca de un valor histórico de 6,19. Podría mostrar un probable cambio de concavidad o simplemente un descanso para luego superar o alcanzar dicho máximo histórico del valor del oscilador mencionado. RSI retrocede de la zona de sobrecompra pero si






















