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WillTrade4Beer
Sep 16, 2022 5:02 PM

R H&S Breakout Long

Petroleo Brasileiro S.A.- PetrobrasNYSE

Description

IMO looks like it could be setting up a reverse head and shoulders here with the right shoulder currently forming. Volume drying up as the selloff continues within a falling wedge. Early entry could be breakout of the wedge with a stop set below the right shoulder once formed.
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