Owner of Grok Trade: PBR Bottom in place on weekly chart? Long

Petroleo Brasileiro S.A.- PetrobrasNYSE

Description

⋅ Apr 9, 2015 7:16 PM

This stock has been beat down and now PBR is getting notable volume rolling into this stock on the bull side of things. Recently a Falling Wedge reversal pattern has gone bullish on the weekly chart.

Falling Wedge bottoming