NYSE:PBR   PETROLEO BRASILEIRO SA PETROBR
PBR
90 2 5
pbr
As I published weeks ago, this is one of the biggest long bets of the world... this is so easy, look: hughe bullish divergence (arrows), RSI above 50, IMO             CL             going up... and it broke all resistance lines... lets talk again when it touch sma200 (11,50) or better when it touch 14,75 (Fib retracement). But thats nothing... maybe whe can talk again when it touch the last max (aprox 21). I'm only going to analize selling it at 21...
Just buy all you can of PBR             , this is just getting started...
What would your stop be from here and next question: What are the reasons that you see so much upside for PBR?
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reasons are only from a technical analysis perspective... i don't really care about what pbr ir doing, or corruption, etc...
the other thing is important, the stop to this view: a close below 5.75 is not good for my view... so below 5,75 i'm out...
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