IBOV had another bad week, but at least had a good Friday. It looks like IBOV has a very good support around 48k and I think this will be respected. In my opinion, IBOV will go lateral next week.
GOOD NEWS: one more forecast I posted on this blog achieved profit! IGTA3 (read forecast here) achieved +7.1% of profit in just 2 days after it started as you can see on the chart bellow. Therefore, we sold 70% of our position and we are keeping 30% of what we bought.
Here are the results of the remaining 30% of the stocks we previously bought:
RADL3: +9.2%
CTIP3: +6.5%
MPLU3: +6.4%
IGTA3: + 7.1%
Bellow, there is one stock that has more than 70% of achieving profit according to my back-tests.
LAME3: Start Gain (buy ONLY IF achieves) 12.88 ; Stop Gain (sell 70% of what you buy) +2% ; Stop Loss: 12.22
Have a great week and show this blog to your friends that invest in stocks (in Brazil or any other country, because we are going to expand this year)
Leo.
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