THE BTG Pactual changed the positions of BB Security (BBSE3) and Weg (WEGE3) per Petrobras (PETR4) and Dexco (DXCO3) in your wallet actions recommended for the period from 23 to 27 January.
According to analysts, Petrobras broke the downtrend line on the daily chart, reversing the upward trend. “The price formed a higher bottom than the previous one at BRL 22 and we expect a resumption of the medium-term upward trend”, they say.
The action should break the top at R$ 26.90 and accelerate prices to R$ 33.50.
In relation to Dexco, the buying movement gains strength, causing a trend reversal from low to high. “On the daily chart, we have formation of a high pivot and break of the 21-period moving average”, explain the analysts.
The breakout of the top at BRL 7.20 triggers the reversal figure, with targets at BRL 8 (previous bottom broken) and BRL 8.75 (200-period moving average).
In addition to the new members, Raya Drogasil (RADL3), CSN (CSNA3) and Itau (ITUB4) make up the portfolio.
Last week, the portfolio’s cumulative return was 1.53%, while the benchmark Ibovespa (IBOV) registered a variation of 1.02%.
The positive highlights were CSNA3 and BBSE3, which rose 7.22% and 2.46%, respectively, in the period. On the negative side, WEGE3 and ITUB4 had the worst performances, with drops of 4.53% and 1.36%.
See the stocks recommended by BTG for this week:
Source: Moneytimes
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