Title
by Americanbulls.com LLC
Last Update
28/11/2022
BRSR6.SA
Banco do Estado do Rio Grande do Sul B Pref
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
9.9900
Change:
-0.0400
Percent change
-0.40%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 10.0300, and our valid average selling price stands now at 9.9900. The previous BUY signal was issued on 21/11/2022, 7 days ago, when the stock price was 10.3500. Since then BRSR6.SA has fallen by -3.48%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
BRL100⇨ 
28/11/20229.9900SHORT 114.56
21/11/202210.3500BUY 120.13
17/11/202210.3000SHORT 122.18
14/11/202211.2900BUY 135.55
07/11/202212.1200SHORT 128.40
31/10/202211.5900BUY 124.27
10/10/202212.4400SELL 125.02
30/09/202211.6150BUY 117.43
26/09/202211.5800SHORT 119.21
29/08/202211.2544BUY 117.26
22/08/202210.9175SELL 117.97
27/06/20229.0590BUY 98.48
14/06/20229.3760SHORT 96.41
09/06/20229.5512BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
BRL100⇨ 
28/11/20229.9900SHORT 97.20
21/11/202210.3500BUY 101.92
17/11/202210.3000SHORT 103.66
14/11/202211.2900BUY 115.00
07/11/202212.1200SHORT 108.93
31/10/202211.5900BUY 105.43
10/10/202212.4400SELL 106.07
30/09/202211.6150BUY 99.63
26/09/202211.5800SHORT 101.14
29/08/202211.2544BUY 99.49
22/08/202210.9175SELL 100.09
27/06/20229.0590BUY 83.55
14/06/20229.3760SHORT 81.80
09/06/20229.5512BUY 84.34
26/05/20229.7705SHORT 83.49
24/05/20229.9535BUY 86.08
19/05/20229.5798SHORT 90.66
17/05/20229.7514BUY 93.40
10/05/202210.0628SHORT 91.69
04/05/202210.0397BUY 92.59
20/04/202210.3154SELL 93.15
18/04/202210.4149BUY 94.62
12/04/202210.2584SHORT 97.25
07/04/202210.3059BUY 98.88
31/03/202210.4426SELL 99.48
21/03/20229.8701BUY 94.59
15/03/20229.5668SHORT 98.87
04/03/20229.4310BUY 98.65
17/02/20229.7530SELL 99.25
10/02/20229.2833BUY 95.04
02/02/20229.8139SELL 95.61
25/01/20229.6994BUY 95.06
21/01/20229.5598SELL 95.63
11/01/20228.7593BUY 88.15
05/01/20228.6882SHORT 89.95
27/12/20218.5710BUY 89.81
17/12/20218.8531SELL 90.35
15/12/20219.1355BUY 93.79
09/12/20219.0089SHORT 96.28
06/12/20219.1898BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
BRL100⇨ 
28/11/20229.9900SHORT 83.50
21/11/202210.3500BUY 87.56
17/11/202210.3000SHORT 89.05
14/11/202211.2900BUY 98.79
07/11/202212.1200SHORT 93.58
31/10/202211.5900BUY 90.57
10/10/202212.4400SELL 91.12
30/09/202211.6150BUY 85.59
26/09/202211.5800SHORT 86.89
29/08/202211.2544BUY 85.47
22/08/202210.9175SELL 85.99
27/06/20229.0590BUY 71.78
14/06/20229.3760SHORT 70.27
09/06/20229.5512BUY 72.45
26/05/20229.7705SHORT 71.72
24/05/20229.9535BUY 73.95
19/05/20229.5798SHORT 77.88
17/05/20229.7514BUY 80.24
10/05/202210.0628SHORT 78.77
04/05/202210.0397BUY 79.54
20/04/202210.3154SELL 80.02
18/04/202210.4149BUY 81.28
12/04/202210.2584SHORT 83.54
07/04/202210.3059BUY 84.94
31/03/202210.4426SELL 85.45
21/03/20229.8701BUY 81.25
15/03/20229.5668SHORT 84.93
04/03/20229.4310BUY 84.74
17/02/20229.7530SELL 85.25
10/02/20229.2833BUY 81.63
02/02/20229.8139SELL 82.12
25/01/20229.6994BUY 81.65
21/01/20229.5598SELL 82.14
11/01/20228.7593BUY 75.72
05/01/20228.6882SHORT 77.27
27/12/20218.5710BUY 77.15
17/12/20218.8531SELL 77.62
15/12/20219.1355BUY 80.58
09/12/20219.0089SHORT 82.72
06/12/20219.1898BUY 85.40
26/11/20219.1521SHORT 86.79
24/11/20219.1445BUY 87.77
08/11/202110.0491SHORT 81.50
03/11/202110.3461BUY 84.92
21/10/202110.6642SELL 85.43
18/10/202110.9558BUY 88.30
13/10/202110.7998SELL 88.83
08/10/202110.9898BUY 90.94
30/09/202110.6719SELL 91.49
22/09/202110.6911BUY 92.21
15/09/202110.7818SELL 92.77
13/09/202110.8365BUY 93.80
03/09/202110.8052SELL 94.37
01/09/202111.0831BUY 97.38
26/08/202110.7733SELL 97.97
24/08/202110.7927BUY 98.74
12/08/202110.7644SHORT 100.20
09/08/202110.8914BUY 102.61
15/07/202111.2956SHORT 100.26
12/07/202111.4871BUY 103.19
22/06/202112.4021SHORT 97.26
15/06/202112.5309BUY 99.46
11/06/202112.3789SELL 100.06
31/05/202111.8409BUY 96.29
27/05/202111.5418SELL 96.87
05/05/202110.6941BUY 90.30
29/04/202110.2473SELL 90.85
19/04/202110.0989BUY 90.07
13/04/202110.0047SELL 90.61
06/04/202110.1134BUY 92.15
22/03/202110.1341SHORT 93.08
17/03/202110.1668BUY 94.51
26/02/202110.4486SHORT 93.14
24/02/202110.8337BUY 97.74
10/02/202111.0310SHORT 97.19
28/01/202111.0038BUY 98.12
15/01/202111.8119SELL 98.71
07/01/202112.0009BUY 100.89
05/01/202111.8384SELL 101.50
28/12/202011.4532BUY 98.79
09/12/202011.0501SELL 99.39
03/12/202010.9854BUY 99.40
† Trade commissions are taken as 0.60%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Brasilbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Brasilbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Brasilbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Brasilbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.