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Sunday, July 6, 2014

Investments in Brazil seem a good opportunity right now



IBOV did what we expected during last week, staying inside the parallel lines as you can see on the first chart, increasing its price on Tuesday. The expectation is that it will continue its movement during next week.

Last week I posted 3 forecasts (click here to read the post). 2 didn't start because they didn't achieve our Start Gain price (LIGT3 and TIMP3). ABRE11 started and already achieved our first target of +2% and we sold 70% of what we bought having this profit. The remaining 30% we expect to sell at a higher price, as we a doing with the other remaining 30% (read last post to see profitability of these stocks).

For next week, 3 stocks call my attention.

PCAR4: Start Gain (buy ONLY IF achieves) 106.37 ; Stop Gain (sell 70% of what you buy at) +2% ; Stop Loss 101.42
ARTR3: Start Gain (buy ONLY IF achieves) 18.67 ; Stop Gain (sell 70% of what you buy at) +2% ; Stop Loss 17.74
VALE5: Start Gain (buy ONLY IF achieves) 27.97 ; Stop Gain (sell 70% of what you buy at) +2% ; Stop Loss 25.89

Have a great week and share this blog with your friends.

Leo.


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