TheHappyCrab

Need some Brazilian Education $ARCE (Part 1 of 2)

Alış
NASDAQ:ARCE   Arco Platform Limited
Ain't got now Brazil in my portfolio. Maybe now is the time.

This is a two-part post. 1st one on 4hr timeframe and zoomed out.

Notes:
* Just came back to touch the 2018-2019 trading range.
* Trading below March COVID low.
* Strong wedge down into weekly demand zone from 03/2019.
* Just touched the IPO high of 25.59.
* 57% off from May 2020 highs.
* Earnings catalyst 03/31/2021

** Closer look 1hr timeframe on next post

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.