O Ibovespa will live a decisive day this Thursday (25). This is because, after closing up 0.83% and 104,514 points yesterday, the main stock index is very close to breaking a barrier that would open the way for a substantial gain in the coming days, according to graphic analysts at Genial Investimentos and XP Investimentos.
For Genial, the ceiling that needs to be broken is at 105,370 points. XP puts it a little lower, at 105,040 points. In any case, it only takes less than a 1% increase in today’s trading session for the Ibovespa to gain momentum to seek greater targets, in the region of 108,000 points.
XP even uses a word that investors always like – “rally” – to describe the upside potential that would open up for the Stock Exchange, if the Ibovespa gains enough traction to break even 108,000 points. In this case, the manager believes that the index could reach 115 thousand points, to the delight of the market.
See, below, the projections of the graffiti artists from Harvest Bank, Great Investments e XP Investments.
| Home | 1st resistance | Potential gain* | 2nd resistance | Potential gain* | 3rd resistance | Potential gain* |
|---|---|---|---|---|---|---|
| Harvest Bank | 108.800 | 4,10% | 110.000 | 5,25% | 114.900 | 9,94% |
| Genial | 105.370 | 0,82% | 108.670 | 3,98% | 109.370 | 4,64% |
| XP Investments | 105.040 | 0,50% | 108.670 | 3,98% | 115.000 | 10% |
| *about the closing of 11/24 |
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Source From: Moneytimes
I am an author at Global happenings and I mostly cover automobile news. In my time working in the automotive industry, I have developed a keen interest in the latest developments and trends. My writing skills have also allowed me to share my knowledge with others through articles and blog posts.
