Petrobras - The national oil company of Brazil peaked at April 2008. Ever since then the price has been contained inside this downtrend channel (with the exception of 2009 panic selling)
It is hated so much that it could plunge as low as 8-9 before OPEC meeting.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.