The_Marketsurfer

PBR 4 Hr Chart

Long
The_Marketsurfer Updated   
NYSE:PBR   PETROLEO BRASILEIRO SA PETROBR
PBR could hold great risk vs. reward on ATM options. I think the spring is wound tight and is ready to give, I'm just betting to the up side.
Trade closed: target reached:
Took a $3 profit on the trade, I sold them Wednesday because of the Holiday. Options are tricky, your timing must be perfect.

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