
Loma Negra Hits Resistance: Weak Close Undermines Rally
📉 Loma Negra's ADR showed a significant upper shadow on its daily candle, indicating a retreat from intraday highs.
🚧 The stock closed back below the roof of its recent downward channel, failing to sustain a breakout despite a large percentage gain (13%).
🤔 The analyst views this price action cautiously, suggesting the failure to hold above resistance doesn't confirm a bullish reversal yet.

Loma Negra: Bullish Signals and Ascending Lows
🧱 Loma Negra closed with a very bullish candle, indicating strong positive sentiment in the short term.
📉 Recent candles have been leaving wicks downwards, suggesting strong buying pressure when the price drops.
📈 The lows have been ascending over the last three weeks, reinforcing the bullish outlook.