Watch for a possible trend reversal in EcoRodovias (ECOR3) – due to the formation of the “9.1” pattern – and look for a continuation of the upward movement in stocks that have the “Bollinger Bands Breakout” setup activated, such as CPFL Energia (CPFE3), Localiza (RENT3), Telefônica Brasil (VIVT3) .
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Nelson Marcelo is a quantitative analyst at Empiricus Investimentos. Trader since 2010, one of the pioneers of quantitative analysis in Brazil, using mathematical and statistical symbols to understand the behavior of stocks on the stock exchange. To learn more about her work, visit https://linktr.ee/