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Sunday, March 15, 2015

Investments: Pick the right stocks to invest in Brazil

IBOV had another bad week, goind down -3% and closing at 48.5k points, after losing practicaly -3% in the previous week. IBOV is back to a low tendency after going lateral for a couple of weeks. Threfore, we will be even more conservative in our trades.

By the way, our stocks continue very well (we selected stocks that had a good chance of going up). Here is the summary of the stocks we have (in the same period, IBOV is having negative return).
 - RADL3: +8.5% (let's increase Stop Loss to 26.19, which would result at +7.2% of profit)
 - MPLU3: +6.2%
 - IGTA3: + 7,1%
 - PSSA3: +8.0%

Last week we closed our position in CTIP3 at +3% of profit as you can read about it in the previous post.

For next week, there are some stocks that present more than 75% of chance of achieving profit, but I will post only 1, that I believe presents the best opportunity (if the trade starts).

BRPR3: Start Gain (buy ONLY IF achieves) 11.52 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 10.88
This trade has 78% of chance based on my back-tests

Have an excellent week!

Leo.


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