Jun. 17 at 12:38 AM
$BBD is grinding higher within a well-defined ascending channel. It's becoming the go-to macro proxy for investors looking for exposure to Brazilian financial stability. Technically, we are eyeing a move toward the
$4.20–
$4.30 resistance cluster. If the stock maintains its current support slope, the path of least resistance remains firmly to the upside.
🐂 Bull Level: Reclaim
$3.80 to confirm the move toward your
$4.20+ structural target.
🐻 Bear Level:
$3.40 must hold as the primary floor; a break here invalidates the ascending channel.
#BBD #BancoBradesco #EmergingMarkets #Brazil #Trading #hovdid