Vibranium_Capital

consolidation mode active 💯

NYSE:PBR   PETROLEO BRASILEIRO SA PETROBR
PBR has been stuck in consolidation for half a year now, and like I said many times before consolidation can last a few weeks or a few years.

with these plays its important to wait for a confirmation of a breakout past a certain resistance zone.

in PBR's case over 12.4 we can target 15.56 and 16.86! under 9.15 we can target 7.19 and 6.07. for now I am neutral

goodluck traders, like and follow for more! 💘
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