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hussain9
Oct 3, 2014 11:44 PM

PBR 

Petroleo Brasileiro S.A.- PetrobrasNYSE

Description

Simple classic analysis , showing the support , resistant , and the head and shoulder pattern .
Comments
hussain9
hussain9
great break out of the resistant .it became a support .
adxrsi
I'm waiting for the MACD and Stock RSI to confirm to go long..
hussain9
you are wiser than me :) I am short , looking for technical analysis , news and any possibilities for any prophit . but I like your planing about entrance because you are puting a method for your trading . best luck for you .
hussain9
I am going to vote for Brazilian President Dilma Rousseff's :)
adxrsi
PBR is going up, no matter who wins. The question is when to go long.. :)
hussain9
For short trading ,she owns a big part of this company , so the price will be affected with this election . for long trading the price will go higher no matter who is going to win as PBR is promising and improving financially .
adxrsi
I'm all for short/medium term trading, so as soon as that MACD crosses upwards, I'm in until the upward trend is over.
adxrsi
If you like oil companies, check out YPF ;)
hussain9
thanks a lot . wishing for you the best ;)
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