Merval Shows Resilience. Time to Buy?
📈 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.
Galicia Financial Group: A Sudden Surge Amid IMF Loan Speculation
📈 The stock experienced a significant rebound, nearly 4%, in the last two hours of trading on Friday, fueled by news from Bloomberg about a potential IMF loan.
📉 Before the surge, the stock had been declining, with the first three hours of Friday's trading showing very low volume.
🏦 The overall trend for banks, including Galicia, is bullish, with lows consistently rising, suggesting a potential break in the short-term correction trend.
Argentine Stocks: Growth Potential in a Recovering Economy
📈 Allocate 30% to Argentine stocks, excluding energy, to diversify from Petrobras.
🏦 Focus on banks like Grupo Galicia and BBVA, anticipating economic growth.
🇦🇷 Argentina's economy presents a mix of value and growth opportunities.
💼 Banks are expected to benefit from increased lending as the economy recovers.
Galicia Stock: Analyzing Potential Downtrend and Key Support Levels
📉 Galicia's stock mirrors the MERVAL's trend, showing potential for further decline based on moving averages.
⚠️ There are no immediate signs of a trend reversal, suggesting more downside in the short term.
🔑 Key support levels align with previous lows, such as those seen during the base law collapse and electoral uncertainty.
