TradingView
Fernando_MartinRey
Jun 29, 2018 1:53 PM

fuc**** heavy resistence in the 10.10 Long

Petroleo Brasileiro S.A.- PetrobrasNYSE

Description

Break it up! ... serius?... again?

...5th attempt! ...with bullish divergencies in RSI and a quasimodo hchi formation

Trade closed: target reached

this trade was complet in the short term... with the divergencie objective reached in 10.75

we can go for more objectives but today was a complicated trade day... with less buyers
i prefer take profit and stay out with the day trading money and try to pay near a new entry point
Comments
Yakuza18
Wouldn't be strange to end up the day below the 9.90s
Fernando_MartinRey
@Yakuza18, but someday... the truck became empty and then... the breakup... if the truck prefer to sell in 10 and didnt in the past 15/17 zone is a very stupid truck (i asume), ...buy it all
Yakuza18
@FerNando MartinRey, I guess you are right,but the market is the market.Still,it closed above the $10 so,may be it's a good sign facing next week and i guess,the C.O in Brazil is going to be on the table.Once the 10.15 be broken...i think it will look fast the $11
Fernando_MartinRey
@Yakuza18, i await that,... good weekend!
Yakuza18
Well it seems like that.
Again...you see??It was tricking the 10.14 for minutes...and AGAIN went down...
Becarefull,yesterday had similar behavior and ended in 9.84...
I think everytime gets those values,a giant truck unloads and sell and sell and sell.
It doesnt have enough strength yet...
gusVLZ
It's like the price is hammering a wall, once it breaks it, the stock will fly
Fernando_MartinRey
@guzVLZ, pray!
More