TradingView
Ice_
Jun 20, 2015 5:52 PM

Attention to the details on PBR Short

Petroleo Brasileiro S.A.- PetrobrasNYSE

Description

I'd expect PBR to tank where we are right now. Both #1 and #2 resistances are suitable for shorting, just watch the minor time-frames to ensure precision (otherwise you may carry a very large drawdown until the drop happens.)

Stocks are less risky than forex, but beware of consequences if you trade on other's people ideas anyway.
More