After the market closed yesterday, Petrobras, a Brazilian stock, released a new earnings report. We're analyzing it in Brazilian Real (BRL) to get the most accurate view of the chart. On the weekly chart, we anticipate a mild but noticeable bearish divergence, especially since the beginning of 2024 when the stock has significantly appreciated.
There is...
IF you haven`t sold PBR before the previous earnings:
Then analyzing the options chain and the chart patterns of PBR Petroleo Brasileiro prior to the earnings report this week,
I would consider purchasing the 17.50usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.19.
If these options prove to be profitable prior to...
Petrobras' ON N2 shares from Brazil are particularly interesting, notably due to their high dividend yield. As the largest oil producer in Brazil and one of the biggest in South America, this stock holds significant importance over the coming years. It has experienced a strong rise, with our Wave (2) starting at 2.2 Brazilian Reals. Since then, it has risen and...
Analyzing the options chain and the chart patterns of PBR Petroleo Brasileiro prior to the earnings report this week,
I would consider purchasing the 17usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $3.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Petrobras (PBR), The mains brazilian oil company has changed his intern policies and it caused loads of pain into its stock.. for moment its in down trend pressure.... neutral to sell side!
Brazil's state-run oil giant Petrobras ( NYSE:PBR ) finds itself in the eye of a storm as investor frustration boils over following a contentious boardroom decision. The company's market value plunged by over $10 billion in the wake of a heated debate over dividend payouts, marking a significant setback for Chief Executive Jean Paul Prates and igniting concerns...
We notice that we are in a correction for the ascension, and there is an increase in the buying momentum, and that the price is trapped in a strong selling wall, and we have a divergence
