Sunday = Forecast of good Investments

 

IBOV confirmed the short term trend and continued going up as you can see on the graph. Practically 10 days going up and now, achieved the important resistance of 50,000. The most important thing for IBOV now is to close this week above 50,000 to continue the movement. Some correction (reduction of prices) might occur this week, because the prices are going up for so many days.

The good thing about this is that we have more stocks to pick, and I will post the stock I believe has the best probability of continue going up (if the trade starts).

TCSA3 has 89% of chance of achieving 3% of profit if the trigger (Start Gain) is activated.

TCSA3: Start Gain (buy ONLY IF) achieves 8.02 ; Stop Gain +3% ; Stop Loss 7.24

Have a great week.

Leonardo Monte.

53rd and 54th profitable trade in 1 year!

Excellent week for investors in Brazilian stock markets.

As I posted on March 9 (click here to read the forecast) VIVT4 had a good probability of increase its price and it was exactly what happened as you can see on the graph.

Also, another forecast achieved the target this week. I posted last week (click here to read the forecast): EMBR3 also achieved profit.

In exactly 1 year of blog, the results are amazing, even with IBOV going down most of the time!

We did 74 trades in 1 year. 54 were profitable (73%) and we had loss in 20 (27%).

See you!

Leonardo Monte.

Sunday = Forecast of good investments

 

After almost 6 months going down, IBOV had a good week and 'broke' the low tendency as you can see on the graph. Does it mean that IBOV is in a high tendency? NO.

Explanation: IBOV is in a lateral tendency that may become a high tendency if the movement continues. IBOV may go down for a few days, after 4 days going up, but I still think that IBOV will continue lateral.

The good consequence of the change of the tendency is that we have more stocks to choose when making our investments. So, I will try to be conservative and pick the best stocks for next week.

PS: There are good stocks this week, but the Stop Loss is high (I don't like huge Stop Loss because it limits the amount of money I can invest - I always define the size of the investment based in how much money I can afford to lose).

Here are my forecast for next week:

EMBR3: Start Gain (buy ONLY IF achieves) 20.17 ; Stop Gain +2% ; Stop Loss 19.22

Have a great week!

Leonardo Monte.

Sunday = Forecast of good investments

Last week IBOV continued in low tendency, but our trades achieved profit as I wrote on my last post!

For this week, I think VIVT4 is the stock with the most probability of going up.

Sart Gain (buy ONLY IF achieves) 44.91 ; Stop Gain +2% ; Stop Loss: 42.72

Have a great week!

Leonardo Monte.

51st and 52nd profitable trade of this blog in 11 months

2 Excellent trades last week, resulting in more than 50 profitable investments in 11 months!

Last week I posted 2 stocks that had a good probability of increasing their prices, as you can see HERE and both increased!

IBOV continues in low tendency and we have to wait 2.5 days that we have this week (the other 2.5 days were holidays in Brazil on Monday, Tuesday and half of Wednesday due to Carnival).

Let's see the rest of the week and Sunday I will post more coments about the markets and more forecasts.

Have a great week!

Leonardo Monte.