GGAL
📉 Galicia opened lower, reflecting some market sadness, and is approaching a potential bearish MACD crossover signal.
📊 The stock has completed its recent upward pattern in dollar terms, finding current support around the $57 level.
⚖️ In peso terms, considering exchange rate volatility, key support is identified in the 6300-6400 range.
@marcosemmimfp:
“What do you say? Galicia… banks? How did Galicia open today? Downwards. Total sadness. It’s just that… What are we doing? Scalping? Buy Galicia, desarbitraged… This is about to have an MCD cross, so it could have… sadness. Galicia in pesos, right? This is Galicia in dollars. Eh, this already had the upward pattern it needed to have. So, support at 57 is fine. And in pesos, given the volatility of the dollar exchange rate and so on, you have support… We could adjust it, yes, let’s adjust it… precisely. Zone of 6300, 6400 approximately.”
Watch the exact part of the video where @marcosemmimfp talks about Grupo Financiero Galicia here:
Watch the video on YouTube
Read more articles analyzing Grupo Financiero Galicia (GGAL) at the provided link. GGAL stock.
