GGAL
📈 The Merval is showing signs of a rebound, approaching the 2 million mark, indicating potential upward movement.
💪 Despite market volatility, the Merval is breaking trend lines and staying above the 50 or 55-day moving average, suggesting strength.
💰 The presenter maintains a bullish stance, suggesting that falling below 1,700 in dollars would be problematic, but the current trend is positive.
@marcosemmimfp:
“Merval, merval, merval, merval. And there the candle changed. Is this candle the candle? The candle. See, it says Tuesday, and see that yesterday, yesterday there was a red candle like this. I have the photo, give me a second because I sent it to the group. This, so you can see. Yes, here it is. See? This is the Merval in dollars yesterday. I’m going to put it like this. See? Why am I showing you this? To show you precisely how the charts deceive you. See? This is the Merval in dollars. Yesterday, this is Monday’s candle. That you see there, that’s there, see? And if I come here, notice that it says Friday, see? And here it says Tuesday, below. Below it says, this is Friday’s candle, and this is Tuesday’s candle. Monday’s candle is not there, and here it drew Monday’s candle for me. Because that happens, that happens because it’s taking the Galicia chart in dollars and multiplying it by Galicia in pesos, and Galicia in pesos did not open here in Argentina. The market is closed. So, where’s the issue? This drop of 1.40, yesterday they started telling me the Merval dropped, the Merval went to hell. The Merval in dollars had dropped? No, man, that candle doesn’t exist, it’s not there. It’s not, it’s not there. Now, what happened? The candle disappeared. It’s lying to me. ADR, my little table of, look, I have it here. Argentine ADRs are all in the green, so it seems we’re going up. Well, now, yes. There we go. Well, how is it here? Here we are in a rebound, yes? It has to keep going up, yes? Where does it have to go? To 2 million, as I always tell you, and here I stretch to 2,100, to 2,000. Yes, that is, this still has some time left, yes? And it has to go up now, son of a thousand mothers. Yes, we are breaking the trend line, we are above the 50 or 55-day moving average, whatever you like best, and so on. If you entered here with a small position, that’s perfect. If you had 30%, that’s perfect. And if you want to mortgage the house here or up here because now, with the fund thing, they won’t devalue, and so on, I’m telling you, I’ll put it like this, I’ll put it like this. Where is it? I don’t have it here. It has to be here. Where is it? Where is it? Do you want to buy up here? I’m telling you, what? No, eh? And that’s it. Don’t ask me for explanations. No, don’t buy when it wants to go up. Buy when it’s in a zone to make decisions. Now, I don’t think we’re in a position to make decisions. Yes, that is, here I told you, decisions are made, either like this and then like this, or like this, but the decision is here, not up here. Up here, you already come with an advantage. Those who made decisions there are already covered. For this, I am, yes, this is me. Ch, like me, who is already covered with 10%, a little, a little, calm, $600. Look, yes, but with this going up a little more, I’m telling you, if I make 30 out of each one, if I make $2 more out of this, that’s it, I’m Gardel. And if this goes up, obviously the fund will keep going up too, so I’m calm, a small position in equities, really. Now, when can we mortgage the house? When this goes up, it reaches a maximum, if it comes, okay, it falls because this minimum will respect the moving average and will come here, it will do something like this. Yes, or if it comes up here, I’ll draw it for you with another, with another arrow, let’s put a red arrow. It goes up, falls, and stays more or less around here. So, this minimum is like this, this is completed here, and you will have the same pattern that is here. There will be no divergence, yes? There will be no divergence because it’s not a bullish divergence or anything, yes? So, I’ll leave it there for you. I think we’re going up. Yes, falling below 1,700, as I always tell you, is a problem in dollars, because, because we have, how is it, we have the highs of 2018.”
@marcosemmimfp shows viewers the exact part of the YouTube video where the stock is discussed:
View the video on YouTube.
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