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Grupo Financiero Galicia SA ADR (GGAL)

NASDAQ
Currency in USD
Disclaimer
34.970
-0.540(-1.52%)
Closed
After Hours
34.520-0.450(-1.287%)

GGAL Comments

triumph of the national ruling party in an important Argentine province
https://www.tradingview.com/x/e5Y9byPF/ Monthly Doji , of bullish reversal in the ADR of GGAL
https://invst.ly/d501o GGAL bullish divergence. There is bullish divergence in all banks of the Merval, in 45´ .SUPV https://invst.ly/d51xj.BMA https://invst.ly/d4tmp.FRAN https://invst.ly/d4tdw
Tension and fear in the financial market for the payment of $ 25 billion of an official bond    https://www.infobae.com/economia/finanzas-y-negocios/2019/09/23/tension-y-temor-en-el-mercado-financiero-por-el-pago-de-25-mil-millones-de-un-bono-oficial/
fear a jump of  counted with liquidation by payment of Bopomo  https://www.cronista.com/finanzasmercados/Temen-salto-del-contado-con-liquidacion-por-pago-del-Bopomo-de-hoy-20190922-0029.html
They fear cash jump with Bopomo payment settlement  https://www.cronista.com/finanzasmercados/Temen-salto-del-contado-con-liquidacion-por-pago-del-Bopomo-de-hoy-20190922-0029.html
Green candle, enveloping in weekly view. . https://www.tradingview.com/x/THjRer4o/
On Monday, Bopomo is paid. A bond tied to the monetary policy rate, which yesterday closed at 83,205%. The doubts are so great in the market that some calculate if the Government has the necessary weights and, others, what will those who go through the Caja de Valores to collect. Above all, the giant PIMCO, which has half of those papers. The other half is in the hands of other foreign funds. How much to put? Today they are about $ 24,000 million..  . . In the market, they anticipate that PIMCO and the others will seek to leave, via cash (CCL), out (in dollars, obviously) and anticipate a new rise in the exchange gap.
CCL .  Between this Friday and Monday, the  Government must pay about $ 24.8 billion between interest and capital of the Monetary Policy Bond (Bopomo). .https: //www.iprofesional.com/finanzas/300148-devaluacion-sandleris-lacunza-Alerta-por-el-precionadel-dolar-por-que-temen-que-salte-el-contado-con-liqui
https://invst.ly/cc2-j   bullish divergences in both MACD and RSI
https://invst.ly/cc2my   bullish divergences in both MACD and RSI
https://www.tradingview.com/x/9rXstsMS/
https://www.tradingview.com/x/9rXstsMS/
September is still in the calendar. . historically the best month of the year for the RV. . from the technical to the banking sector of the index it has a bullish momentum. . GGAL in the monthly average is well below the upside that Merval did. .GGAL 19.4%. . Merval 24.7%
In June alone, Argentine private banks had a profit of $ 19,224 million. In the same month of 2018 that number "barely" had reached $ 8,067 million. That is to say that in one year its profitability improved 138.3% year-on-year, in real terms.
Supertasa tripled the profitability of banks, which are claimed .... https://www.baenegocios.com ›economy-finance› Supertasa-triplico-ren ... Aug 19. 2019 - Crises have winners and losers. During the entire first half of 2019, private banks more than tripled their profits compared to ...
https://www.tradingview.com/x/F98vcvlU/          ↑ ↑
Ggal was the only Argentine Adr who had a strong rebound in the after. . Closing at 11.72 returning the price almost to opening values. .Today, three times the amount operated on Thursday operated. . there was a fairly strong change of hands. . We'll see if I bleed everything I had to bleed. ... . . In this area it already has strong dynamic and static resistance. . It has the roof of the canal through which it was going through electoral elections. Ceiling that was tested well before validating it. . also closed on the floor of the short channel. ... . . This can also be taken as a wave 1 and 2 of Elliot. . if it leaves from these values ​​it would give rise to a pulse wave 3. . And if that were the case a wave of 3 of minimum the swing would culminate in the 13.8. .14. . . . https://www.tradingview.com/x/X9Sefv7D/. . https://www.tradingview.com/x/c2avDmlt/
Let's see. The question is whether they will go out to defend the price of drilling the $ 11. .the context today is complex. . The price has been making a perfectly rounded roof and the Adr can return all the last climb and there may make a double floor and leave. . Impossible to know. . the ccl closed at 73.21. ... . Today in Argentina everything is very contingent on the dollar. .The IMF disbursement. .and Central reservations. . The IMF studies asking for a political agreement between Mauricio Macri and Alberto Fernández to execute his disbursement of $ 5.4 billion. . . . If this came to fruition, it could be a nice climb. .more below this you have to test the floor of the last correction. .I think the price would break too much if you take it to the floor of the last correction. ... All this in a foreign context where the world is incredibly bullish. . Probably next week some markets are setting new historical highs. .
Veamos. La pregunta es si saldrán a defender el precio de perforar los $ 11.. El contexto actual es complejo. . El precio ha estado haciendo un techo perfectamente redondeado y el Adr puede devolver toda la última subida y puede hacer un doble piso y partir. . Imposible saberlo. . el ccl cerró a las 73.21. ... Hoy en Argentina todo depende mucho del dólar. El desembolso del FMI. . y reservas centrales. . El FMI estudia pedir un acuerdo político entre Mauricio Macri y Alberto Fernández para ejecutar su desembolso de $ 5.4 mil millones. . . . Si esto llegara a buen puerto, podría ser una buena subida. . más abajo de esto tienes que probar el piso de la última corrección. Creo que el precio se rompería demasiado si lo lleva al piso de la última corrección. ... Todo esto en un contexto extranjero donde el mundo es increíblemente optimista. . Probablemente la próxima semana algunos mercados estén estableciendo nuevos máximos históricos. .
Should go up, in a while..
Julio3725....  que newbie... MAMERTO :)
vamos a 20 de nuevo ..
very cheap.... buy opportunity
very cheap.... buy opportunity
getting new highs soon
getting new highs soon
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