Companhia Energetica

For the insane among us, there’s still a pattern that looks bearish in this all-green market: take note of the similarity between the current topping pattern and the prior one:

(Click on image to enlarge)

slopechart_CIG (1)

Looking closer, there is a textbook quality H&S pattern which is already complete.

(Click on image to enlarge)

slopechart_CIG

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.