Buying in the channelOn Friday it presented an interesting movement and I expected a positive variation for today. It is possible to test the prices of the MMA 80, but if it follows the channel, then it will try again to surpass $27.
0.25 USD
179.29 M USD
1.33 B USD
About SLC AGRICOLAON NM
Sector
Industry
CEO
Aurélio Pavinato
Website
Headquarters
Porto Alegre
Founded
1977
FIGI
BBG001YB82M8
SLC Agricola SA engages in the production and trade of agricultural products. It operates through the following segments: Agricultural Production and Land Investments. The Agricultural Production segment engages in the cultivation of primarily cotton, soybean and corn. The Land Investments segment engages in the acquisition and development of land for agriculture. The company was founded on June 3, 1977 and is headquartered in Porto Alegre, Brazil.
Healthy correctionIt is a healthy correction on price (1~2 weeks). The RSI has reached yesterday a level similar to the previous downtrends in the short run.
There is a clear channel and the stock must be on the radar since all the MAs have positive slope.
SLCE3SLCE3
2018/10/23 @ 55.96
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High trend losing strength @ 1D. Approaching MM200. Purchase volume above average.
We can talk about a reversal or consulation to keep climbing.
Analyze fundamentals - if it can be a great time to buy.
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Tendência de alta perdendo força @ 1D. Aproximando MM200. Volume de
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Displays a symbol's price movements over previous years to identify recurring trends.