chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm.
Description: PBR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $9.7 - $10.1 2. Take profit: $12.08 3. Stop Loss: $9.38 4. Risk To Reward: 1 / 6 5. Accuracy Rating: 93%
NYSE:PBR #PBR is now at the lower end of the channel Following history of the chart is now set for upside Managed to close above 50MA MACD approving level above 0 (bullish) RSI is gradually increasing Risk/reward 2.63
Great buying opportunity. Risk/Reward = 3.5. You can expect a breakout of the red box or enter now.
Heyy, what do you guys think about Petrobras (PBR) as a buying oportunity, hoping on selling sometime on may, if it keeps following this channel. Im using Divergence + (MS)
$PBR is getting ready to make a move higher specially with economy about to reopening, is at good supp. and trend.
This is not a real analysis, its just a prediction for fun.... But, if it comes on that pathway, I will surelly play short
The chart and entry/target/stop points shows some of the possibility for what could happen next week on petr4.
Giving my friend a help with graph readings.
PBR may move upwards, after very bad news the stock moved downwards contrary to the segments. It is most likley after deeper concernes will discussed away in the news, it will have a good upwards move possible till 11$ or more. On Watchlist, for maybe a position this or next week.
very nice trend channel! looks like a very low risk entry here if we use bottom trendline as stop loss! long 8.10, stop loss 6.8 price target 12.5!
61% Fibo + Bearish Divergence + Upper Channel are indicating a drop supported with bearish engulfing
Buying here with a stop on a close below 9.81. Target is 12 or higher. Oil has been strong as well as emerging markets so hopefully that will also be a catalyst besides the technical set-up