Fundamentals
Petrobras has seen an 80% rally through March, which is unsustainable. The reason for this is because the rally is based on the possible [ impeachment of president Dilma Rousseff, whose policies adversely affected the Brazilian oil market. While this is good news for the Brazilian oil company, the fundamentals of the company simply do not fit with...
Go long the PBR if it trades at 5.18 or higher. If triggered, place your stop at 4.59 and exit the position for a profit at 5.58 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
Petrobas is the Exxon Mobile of Latin America and although has political corruption , saddling debt , and hurt from falling oil prices...this stock is undervalued and historically oversold.
Expect a dramatic rip to the upside on any news of Brazil cleaning up their political machine and oil extending its rebound.
Valuation Measures ( Source Yahoo Finance...
How do you not like a stock that doubles in a little over a month? PBR killed it on their last earnings report and it has been on fire ever since (with the help of the energy market). Pull up a monthly chart on this stock and you can see their is a lot of momentum behind this move. I suspect this rally to last another 2-5 months at least. Expect a strong...
I started buying this one from 6,10 to 5,20 and then it bounce as expected. I still think this is THE trade of 2015... look my old posts...
I love this one and expect to see 20 this year... now if we go to the short term it may take a breath from 7,80 to 7,10 and then continue the journey... so IF this one goes to 7,10 then it will be a nice buying opportunity
Fundamental keypoints: (Translated from portuguese)
* New management: The new finance minister shows that is able to change the actual situation, which makes the market enthusiastic and hopeful
* While Dilma said the actual president is going to stay for the moment, there are rumors saying she'll (Which is Maria das Graça Foster) be replaced by Vale's actual...
I've flagged Brazil's state-owned mega-energy firm Petrobras Brasileiro ADR (NYSE: PBR) because the SEC is investigating the energy firm for money-laundering and corruption, thus skewing Fitch Ratings of PBR. Since PBR owns a Texan refinery, PBR it is accountable under US jurisdiction. PBR has been found in violation of the Foreign Corrupt Practices Act and...
Petrobras - The national oil company of Brazil peaked at April 2008. Ever since then the price has been contained inside this downtrend channel (with the exception of 2009 panic selling)
It is hated so much that it could plunge as low as 8-9 before OPEC meeting.
(F) With first elections out of the way, positive expectations, and undervaluation.
Potential IHS, and basing. Notes on chart.
Gap Fill potential, breaking downtrend_line, 200 sma. first act.
RSI on brake_out point, at 31.
Targets in descending probability.
Target_1 : 15.50
Target_2 : 18
Target_3 : 19.65
Hello all,
I am constantly astounded at how well this little WDB Options model I put together is at finding the bottoms of markets. Here is an update of one stock that came up on our screen back last spring. The chart really speaks for itself as we have steadily moved higher from the signal levels - again astounding. The long and short of this story is if one was...
5-3-5 ZIGZAG
WAVE C .618 FIB EXTENSION OF WAVE A
WAVE B COMPLETED A ASCENDING TRIANGLE
WAVE 2 WITHIN A 5 WAVE IMPULSE CANNOT BE A TRIANGLE FURTHER STRENGTHENING OUR CONVICTION OF A CORRECTIVE WAVE PATTERN.
