BRFS3 is a Brazilian company which works in the food sector.
Paper is walking sideways mailing due to uncertainty in Brazil and lack of good news to the sector.
However, based on the stocastic rsi and on bollinger band, BRFS3 is trading oversold and might recover to the average asap.
In two days, company will release the earnings and definitally will move the paper upwards since there is no room to go downwards.
Best Regards
Thiago Lobato
Paper is walking sideways mailing due to uncertainty in Brazil and lack of good news to the sector.
However, based on the stocastic rsi and on bollinger band, BRFS3 is trading oversold and might recover to the average asap.
In two days, company will release the earnings and definitally will move the paper upwards since there is no room to go downwards.
Best Regards
Thiago Lobato