Next week defines if we return to Up, Lateral or Down

IBOV seems to have achieved its target for price reduction (lower red line), but this time it was much faster than the other times. In my opinion, this is not good because it shows a little bit of fear about the future. Investors prefered to sell the stocks instead of keeping it. At the end of this week, IBOV continues in high tendency, but, I believe it will stay lateral the next weeks.

Due to that uncertainty, I prefer to increase the Stop of most of our stocks, so, if the price achieves our Stop, we sell the stock and wait for a more conservative scenario (remember, I don't want to lose my money and I don't want to see you losing yours). Because we are not sure if IBOV can go really down, I prefer to be conservative.

KROT3 - happened a slit 4:1 - Increase Stop Loss to 14.69 (if we sell, we will have 30% of profit since the day we bought). If we keep it, it means it went up, so, it increases our profit.

IGTA3 - Increase Stop Loss to 24.89 (if we sell, we will have 12% of profit since the day we bought). If we keep it, it means it went up, so, it increases our profit.

ITUB4 - Increase Stop Loss to 36.68 (if we sell, we will have 10% of profit since the day we bought). If we keep it, it means it went up, so, it increases our profit.

BRML3 - Increase Stop Loss to 20.17 (if we sell, we will have 4% of profit since the day we bought). If we keep it, it means it went up, so, it increases our profit.

ABRE11 - Increase Stop Loss to 37.44 (if we sell, we will have 4.5% of profit since the day we bought). If we keep it, it means it went up, so, it increases our profit.

PCAR4 - Increase Stop Loss to 109.22 (if we sell, we will have 3.5% of profit since the day we bought). If we keep it, it means it went up, so, it increases our profit.

FIBR3 is going completely against IBOV and increased +13% in 2 weeks!

Let's wait one more week to buy stocks.

Have a great week.

Leo.