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Sunday, May 17, 2015

Time to buy stocks in Brazil

IBOV had a normal week after so many good weeks in a roll. It closed at 57.2k points, which is practically the same closing point from last week. It continues in uptrend.

Last week I posted 2 forecasts (click here to read the forecast) and one trade didn't start (BVMF3), but the other one (GETI3) started and achived our ptofit! Therefore we sold 70% of what we bought at +2% and we kept the remaining 30%, which has +3.2% of profit now, whicle IBOV had +0.1% in the same period.

For next week, these are the stocks that I'm planning to invest (if the trade starts)
TRPL4 - Start Gain (Buy ONLY IF achieves) 43.52 ; Stop Gain (sell 70% of what you bought) +2% ; Stop Loss: 41.44
BBDC4 - Start Gain (Buy ONLY IF achieves) 32.30 ; Stop Gain (sell 70% of what you bought) +2% ; Stop Loss: 30.71
(Both stocks have more than 70% of chance of achieving profit, according to my back-tests)

This was a very quick post because I'm very busy here...

Have a great week!

Leo.

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