Monday, December 17, 2012

Week 51

Hello there!

We see market kinda resting on 59,450 points. Next point looks like to be 62,120 with a possible retest on 57,900.

This is how I see Ibovespa:

Last week I've posted two charts from financial stocks but they didn't developed well.

One stock that is really strong in a bull trend is VALE5 ($VALE). Wouldn't be surprised if this stock hits 41,57 before a pullback. Worth watching.

As next Monday will be December 24th I won't be posting. Expect a post on Wednesday or Thursday.

Good trades for everybody!

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