COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO - SABESP
Company Description:
SABESP provides public water and sewage services to residential, commercial, industrial and governmental customers in the City of Sao Paulo.
Analysis:
1. Candles near strong support.
2. RSI Oversold.
3. MACD on its down side. Flashing black and may be losing its recent downtrend momentum.
4.Previous High isn't broken. However, I do see that price could be in its accumulation stage near support.
5. I see a W pattern forming.
6. Future 50/200EMA cross near future?
7. 4 Orange Solid Bricks. Momentum upside?
Looking for a price target of $11! Not Financial Advice. Always Do Research Before Decision!
SABESP provides public water and sewage services to residential, commercial, industrial and governmental customers in the City of Sao Paulo.
Analysis:
1. Candles near strong support.
2. RSI Oversold.
3. MACD on its down side. Flashing black and may be losing its recent downtrend momentum.
4.Previous High isn't broken. However, I do see that price could be in its accumulation stage near support.
5. I see a W pattern forming.
6. Future 50/200EMA cross near future?
7. 4 Orange Solid Bricks. Momentum upside?
Looking for a price target of $11! Not Financial Advice. Always Do Research Before Decision!