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Great Opportunity in Gafisa on this Pullback

|Includes:Gafisa S.A. (GFA)

The share offering is being oversold big time. We're happy they we never bought GFA back on the 5/13 post. Now we'd be looking to add back any shares sold around the 200ema at $16.25. Don't get too greedy though. GFA will be a big winner and the proceeds from the share offering will only serve to make them stronger.

Stocks: GFA