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Sunday, October 12, 2014

Opportunities in stocks in Brazil




After the offcial results of the first round of the elections in Brazil IBOV had an amazing Monday, some indefinition from Tuesday to Thursday, and fell on Friday. Therefore, volatility and a lot of indefinition about the future.

In my opinion it will be like this until the second round (in 2 weeks). Marina Silva (3rd place) declared that she will support Neves (2nd place) in the second round and this increases the chances that Neves may win the elections (that is what most investors want) as I described in my previous post.

Because of the great day on monday, we couldn't buy KROT3 because the stock opened with a big GAP, and the opening price was much higher (more than 3%) than our Start Gain price, therefore, we couldn't start the trade.

For this week, 2 stocks call my attention, and let's see if these trades start this week.

NATU3 - Start Gain (buy ONLY IF achieves) 40.31 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss 37.61
RENT3 - Start Gain (buy ONLY IF achieves) 38.82 ; Stop Gain (sell 100% of what you buy) +2% ; Stop Loss 36.56

Have a great week.

Leo.

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