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BBVA Banco Francés S.A. Message Board

  • president_pnaccio president_pnaccio May 26, 2011 3:51 PM Flag

    BFR Pivot Point on May 25

    BFR put in a pivot point at $8.52 on May 25 and has put in two higher lows in the 30 minute time frame. I have been watching this stock for two years now and am starting to see some familiar accumulation patterns, namely, sudden price increases.
    I know yesterday I wrote that BFR is lagging the MERVAL but I think this may be a turning point. Weekly time frame now shows a hammer.

19.79-0.27(-1.35%)Sep 23 4:02 PMEDT