PBRLONG-TERM: Broke out of a wedge, broke back over 200 MA, classic bullish divergence on the daily. (not financial advice)
PBRD trade ideas
PBR PetrobasPETROBRAS-ADR C is an integrated company operating in exploration, production, refining, retailing and transportation of petroleum and its byproducts at home and abroad.
Analysis:
This company impresses me from a financial perspective. This is a company that is managing their debt and cashflow during adverse times within an underperforming sector. I've seen that they've been having alot of activity going on this past month which indicates future sustainability when comparing their operating cashflow to their short term and long term debt scenario. Interested to see how this company performs over time!
On the daily time frame, price is currently overbought when looking at the RSI and the MACD. Even with this sentiment, the previous high was broken on the 4 hour time frame. So I took a look at the smaller time frames and it seems like price is ready to start retracing to a near support level considering that the 200 and 50 ema is crossing on the 15 min time frame and under. It looks like the gap is closing on the 1 hour and the 4 hour going down. I would like to see where price is at when the rsi is oversold and the macd reverses it current crossover. If this company continues to have stable operating and free cashflow over the next few quarters, I don't see why the share price wouldn't have positive expectancy.
I have a price target of $31 but realistically, I just price reach support and retrace the resistance.
*not advice. just an analysis.
$PBR | Bullish Falling Wedge Breakout$PBR broke out of a bulling falling wedge. Right now price is trading below the key breakout zone at ~$10.90
If price can break above this resistance level expect further continuation to the upside.
Targets based on structure: $11.20 | $11.70
PBR waiting for a breakoutPBR waiting for a breakout
6 Month long base
Price consolidating just below previous highs
Breakout point is 11.88
PBR. Long? Great possibility. Brazil's economy is still reactivating.
ERJ (embraer) has grown up its value and now it's turn of Petrobras.
$PBR Not Just a Tasty Beer But Also A Tasty Stock!$PBR had a nice bull flag that resolved the pattern. Now that it shot up to our trend line target, it is consolidating. Will we see another bullish pattern form here? I think we might partially due to macro factors in regards to Oil and a steady rotation into devolving markets.
PBR: Breakout Confirmed, 23.01% Potential Profit!Description: PBR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $9.7 - $10.1
2. Take profit: $12.08
3. Stop Loss: $9.38
4. Risk To Reward: 1 / 6
5. Accuracy Rating: 93%
#PBR at the lower end of upward channelNYSE:PBR
#PBR is now at the lower end of the channel
Following history of the chart is now set for upside
Managed to close above 50MA
MACD approving level above 0 (bullish)
RSI is gradually increasing
Risk/reward 2.63
PBR - Petroleo brasileiro - Risk/Reward = 3.5 - 4hsGreat buying opportunity. Risk/Reward = 3.5.
You can expect a breakout of the red box or enter now.
Hey guyss!! First time posting on Trading viewHeyy, what do you guys think about Petrobras (PBR) as a buying oportunity, hoping on selling sometime on may, if it keeps following this channel.
Im using Divergence + (MS)
$PBR is getting ready to make a move higher $PBR is getting ready to make a move higher specially with economy about to reopening, is at good supp. and trend.
PETR4 - PREDICTION OF SHOULDER HEAD SHOULDERThis is not a real analysis, its just a prediction for fun....
But, if it comes on that pathway, I will surelly play short
Idea based on supply and demand for next week on petr4The chart and entry/target/stop points shows some of the possibility for what could happen next week on petr4.
Petrobas on the watchlistPBR may move upwards, after very bad news the stock moved downwards contrary to the segments.
It is most likley after deeper concernes will discussed away in the news, it will have a good upwards move possible till 11$ or more.
On Watchlist, for maybe a position this or next week.
time to test the top! very nice trend channel! looks like a very low risk entry here if we use bottom trendline as stop loss! long 8.10, stop loss 6.8 price target 12.5!
