Sell PetroBras around double top
Based on RSI55 div on a daily chart and bearish structure look forward for consolidation around 10.20/share and further reversal.
Time horizon: 1-2 quarters.
Initial target and stop as it drawn on the chart.
Time horizon: 1-2 quarters.
Initial target and stop as it drawn on the chart.
Trade active
Yes, now is the time to short this wild Brazilian card. $10.44 in momentum
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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.
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.