Banco Macro Stock Under Pressure As Outlook Dims

Banco Macro (NYSE:BMA) stock currently sits in Phase 8 of its 18-phase Adhishthana cycle on the weekly chart, and its outlook isn't looking promising. Here's a breakdown under the lens of the Adhishthana Principles.Banco Macro's Adhishthana Cycle So FarAccording to the Adhishthana Principles, stocks typically form a Cakra structure between Phases 4-8. This channel-like pattern, shaped with an arc, usually carries bullish implications. A clean breakout in Phase 9 often sparks the Himalayan Formation, a stron ...