MannyTman

PBR Trend Analysis

MannyTman Updated   
NYSE:PBR   PETROLEO BRASILEIRO SA PETROBR
My play is as follows for the current ascending channel PBR has formed.

1. Puts at red trend line.

2. Calls at green trend line.

3. Puts once $16 is hit which is acting as the currently daily resistance
Comment:
Comment:
PBR price target reached

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