Stocks in Brazil continue extremely attractive for investors

Ibovespa had a volatile week and continues inside the big high tendency channel that started in April as you can see in chart 1.

Because of this volatility this week 2 stocks achieved Profit (KROT3 and FIBR3) but 2 achieved loss (GGBR4 and CSNA3). After these results (almost 1 year and 4 months) we have 72 profitable forecasts (73%) and 26 losses (27%). This is proving that the idea of only investing on stocks that have more than 70% of chance of achieving profit is working. I will continue the same way and I will try to find ways to make this even better.

KROT3 is really impressive, and it already grew 40% since the first time we bought, around 3 months ago. Since that day, we already bought 2 more times, every time it reduces a little bit its price.

Last week, we increased our stop for ESTC3 and sold it with +16% of profit after 3 months.

Here are the stocks that call my attention for next week:

ABRE11: Start Gain (buy ONLY IF achieves) 38.47 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 35.74

PSSA3: Start Gain (buy ONLY IF achieves) 32.71 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 30.94

ODPV3: Start Gain (buy ONLY IF achieves) 9.53 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 9.07

SMTO3: Start Gain (buy ONLY IF achieves) 40.02 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 36.72

Have a great week!

Leo.