On a Daily chart We have a double bottom with Relative strength index showing bullish divergence, All Oil related charts are also all oversold. On the Monthly we are standing on a Massive structor support from 2010-05-31, 2009-06-08, 2005-04-04, and 2001-03-19. For the Past 5 years this level has never passed 28.00, I see this as a respected market level that...
For years this company don´t have good administration, but in this years something change...
RESISTANCES BlueSky BreakOut @ 146.82 Tenkan-sen Resistance @ 143.11 SUPPORTS Kijun-Sen Support @ 140.41 Nice Bounce off Fib .382% @ 139.76 ^^^If supports cant hold Use Lead Span 1 & Lead Span 2 AKA cloud as support area
PBR is at a all time low, check the green circles to figure out what I am currently looking at structor wise. if we could get above into 20day moving avrage I believe this will be probable trade
I've flagged Brazil's state-owned mega-energy firm Petrobras Brasileiro ADR (NYSE: PBR) because the SEC is investigating the energy firm for money-laundering and corruption, thus skewing Fitch Ratings of PBR. Since PBR owns a Texan refinery, PBR it is accountable under US jurisdiction. PBR has been found in violation of the Foreign Corrupt Practices Act and...
overall bullish environment for the time being 1st targets @139.29 2nd target @140.87
A little idea of the PBR movement. Short down to TL in 7.5 aprox between november and january Before a side movement between 21 and 10 usd