Buy TPIS3: bullish island reversal and upward price channel

High conviction buy on text-book bullish island reversal with significant trading volume increase and bounce off lower band of upward parallel price channel, also with significant volume. The pattern emerge as the company announced the sale of one of its assets (the Portonave port for 1,3B BRL), significantly deleveraging the balance sheet as part of an asset sale plan that, if fully materialized, will be transformational for the company. My two favorite and trusted independent research publications see more than 100% upside.

交易進行:

Very successful trade so far. Adding stop loss (at profit) at 3.85. If upper band of parallel channel broken, there may be significant upside. Fundamentally, there may still be a 200% upside, but will take time to materialize.