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Gafisa S.A. Message Board

  • mshepherd197 mshepherd197 Jan 21, 2013 7:25 PM Flag

    So I have been watching GFA rise from about 3.75

    What do you guys think did I miss it or is there still money to be made here?

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    • Well one apparent reason to miss a run like this is, fear. A stock trading below five dollars can move very quickly which makes it hard to get pass the psychology side and buy. Moving on, I do believe there is money to be made here (from a technical standpoint). Currently GFA has held its gap over the past few days (which is good) and for the most part has been on the accumulation side. Also from a macro side the housing market is in a current comeback. Also on a weekly chart it looks very good with a nice pop in the macd, and also the slow stochastic is looking to be more bullish. I would try to wait midday for a buying opportunity. This is all personal opinion of course and I suggest to do your research. I am currently long in GFA around 5.09ish after it held the gap up. Hope this helps.

      Sentiment: Buy

1.24+0.01(+0.81%)May 5 4:02 PMEDT