$PBR | Bullish Falling Wedge Breakout Long
Petroleo Brasileiro S.A.- PetrobrasNYSE
Description
⋅ PBR broke out of a bulling falling wedge. Right now price is trading below the key breakout zone at ~$10.90
If price can break above this resistance level expect further continuation to the upside.
Targets based on structure: $11.20 | $11.70