LATAM Airlines Group.

Chilean Stocks.
Pure Technical Projection.

Huge C&H:
Cup: From March 19 2013 (the day before the big spike) to 30 Jan. 2018.
Handle: From Feb. 1 2018 to Sept. 11 2018. Right in the 61.8% retrace from the lower to the highest point of the cup.
In the reversal one small iH&S completed and one big iH&S in process to close the Head and than possibly retest 6650 to paint the right shoulder.
MACD and RSI have converge against price before the reversal.
In case this is right, this stock will offer several opportunities. Other targets are beyond the presented frame.
Support at 6000 must be respected to make this valid.

Transaction en cours

Trade fermée: cible de profit atteinte:

T0, T1 and T2 reached.
Going for T3 and T4

Trade fermée: cible de profit atteinte:

T3 reached
waiting for T4

Commentaire:

T4 reached.
Trade done