BATS:PBR   PETROLEO BRASILEIRO SA PETROBR
241 2 1
A giant triangle being formed since 2009 at $PBR monthly chart.
Waiting for a possible upside breakout at the end of the pattern.

2014 is going to be fun.
elcololp
2 years ago
Hi, what do you think to go long with PBR now?
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otaviocarvalho
2 years ago
I'm not sure. I'm with Ibovespa's $PETR3 graphics here and I think we are still inside a pull back. We also had Brazilian elections this year, and $IBOV chart is inside a Fibonacci divergence zone. I think you should be careful, but anything (close price) above $16.00 is a long term buy to me. Again, be careful.

http://pub.bussoladoinvestidor.com.br/graficos/492014111834AM.png
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