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Petrobras (Brazil) - possible more than 10% short-term gains

Long
PETROBRAS PN EDR N2 (BMFBOVESPA:PETR4)  
SkylinePro Updated   
BMFBOVESPA:PETR4   PETROBRAS PN EDR N2
Trend Analysis Wave Analysis Elliott Wave petrobras petro PETR4 brazil brasil Oil petroleum
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trendanalysis waveanalysis elliottwaves petrobras petro petr4 brazil brasil oil petroleum
PETR4 seems to be tracing minute wave 3 up of a C counter trend move. If prices crosses up 18.60, the odds increase for this scenario with the most probable target around the 22.00 level. If prices crosses down 16.60, this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
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