$PBR.A ( Bullish ) Long Term Setup Up channel support above key levels.. seems like a good buy for a long term setup.
now above the .382 fib level. will it hold? Massive ascending triangle?
PBR trade ideas
PBR.A goes up from here.PBR and PBR.A is set up to retake the previous highs as Oil continues its rise. Shocks to global supply are imminent. New discoveries give the company plenty of room to continue to increase production and global share well into the future. Political risk baked in. Max pain 12.50-11.50. Stop set at 12.76. PT $17/Share.
Targeting PBR Long Entry Point After another rejection from a long term resistance zone, PBR is now testing the lower limits of the channel its been in for four years. Looking for a drop to the $9-$11 range for long entry.
PBR - Petrobras Oil and Gas, BrazilPetrobras is a major Brazilian oil and gas company, founded in 1953 and headquartered in Rio de Janeiro. It focuses on exploring, producing, refining, transporting, and selling oil and gas. As one of the world’s largest energy companies, Petrobras is a key player in the industry.
The company’s main areas include exploring and producing oil and gas, refining and selling these products, and trading natural gas and electricity. Petrobras uses advanced technology to efficiently extract oil and gas, especially from large Brazilian oil fields. This helps keep costs low, which is crucial as global demand for oil and gas remains strong.
Petrobras is modernizing its refineries to produce cleaner fuels and improve efficiency. It is also working on better transportation and logistics to reduce costs. Expanding into new markets, especially in South America, can help diversify its revenue sources.
In the gas and power sector, Petrobras focuses on natural gas and electricity. Natural gas is cleaner than coal and oil, fitting global energy trends. Investing in power plants ensures a stable electricity supply, and mixing renewable energy with gas reduces the company’s carbon footprint.
Petrobras has faced ups and downs in its stock price due to global oil prices, political issues in Brazil, and operational challenges. However, it has shown resilience, recovering when oil prices rebounded and operations improved. The company’s future success depends on adapting to new technologies, environmental regulations, and market changes.
Petrobras pays dividends, appealing to investors seeking regular income. A stable dividend policy indicates strong cash flow and financial health, making Petrobras a good long-term investment. For investors, buying shares during price dips can be strategic, as historical dips have often been followed by recoveries.
Petrobras is a strong and diverse energy company. For long-term investors, Petrobras offers resilience, dividends, and growth potential, especially when bought during price dips.
$PBR Bullish Sentiment (Gap Fill)Reasons for Bullish Sentiment:
- Daily inside candle; currently in the middle of daily broadening formations
- Potential upside movement as the MACD line (blue) is quickly approaching the signal line (orange) indicating of bullish sentiment.
- RSI at 45 (can go down to under 30 but there is a higher chance of it moving up
- GAP to be filled to the upside ($15.71 - $16.46)
Currently holding 4 shares.
Entry: $15.20
Target Exit: $16.40 (.06 away from filling gap to the upside)
Stop Loss: $14.75 (May 2024 low)
R:R = 2.67
Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Business.
The Exploration and Production segment covers the activities of exploration, development, and production of crude oil, natural gas liquid, and natural gas, for the primary purpose of supplying its domestic refineries.
The Refining, Transportation, and Marketing segment refers to refining, logistics, transport, and trading of crude oil and oil products activities as well as exports of ethanol.
The Gas and Power segment represents the activities of logistic and trading of natural gas and electricity, transportation and trading of liquefied natural gas, generation and electricity by means of thermoelectric power plants, as well as holding interests in transporters and distributors of natural gas.
The Corporate and Other Business segment includes corporate items related to corporate financial management, overhead related to central administration, and other expenses; and other businesses such as distribution of oil products abroad (South America) and the production of biodiesel and its co-products.
The company was founded on October 3, 1953 and is headquartered in Rio de Janeiro, Brazil.
PBR Back from Earnings DumpBrazil's largest oil producer just announced another huge dividend of 0.339. Ex-div June 12, payment Sep 26. That's 18.76%!
Price action is reversing off support of 14.96 and HMA crossed over bullish. We've seen this before back in March from another earnings dump and it recovered nicely.
PBR for the Win?Picked up some more PBR today in my IRA. It looks like the selloff is almost done. The RSI and MacD appear to be rolling over. Granted, I am getting into this potentially a bit early, it would probably be be better to wait until the MacD crosses back over again, however we have bounced out of this level area before. If it drops down to test the $14.36 level again, I will be looking to add to my position, and while I wait for the bounce-back, I get to enjoy the huge dividend this company offers.
Petrobras (PETR): Bearish Divergence - Heading for a Dip 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 considerable downside potential as we expect the completion of Wave (3), followed by a downward adjustment in Wave (4). The exact retracement level for Wave (4) is yet to be determined, but we anticipate a pullback to around 38.52% before the stock resumes its upward trajectory in Wave (5).
Our downside target is around 50 BRL, considering Petrobras' high dividend yield. This makes the stock attractive not only for its growth potential but also for its income-generating ability.
A closer look at the daily chart reveals potential scenarios for either the completion of Wave 5 or Wave (3), highlighting areas where bearish divergence becomes more apparent. This divergence is evident due to the significant impulsive rises in the stock over recent months and weeks, which have created several imbalances. Despite closing gaps and reaching new highs, a downward correction is likely needed before we can see further upward movement.
We anticipate that the correction in Wave (4) will take the stock lower, potentially reaching levels between 28.28 and 23.30 BRL.
PBR Petroleo Brasileiro Options Ahead of EarningsIF 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 the earnings release, I would sell at least half of them.
Petrobras Uncovered: A Dividend Gem with Potential?
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 completed Wave (3) at the 227.2% extension level. Now, we should be entering Wave (4) and ideally not fall below the level of 19 Brazilian Reals. For Wave (4), we expect a retracement level between 38,2% and 50%. Given that we're looking at the weekly chart, this represents a very long-term scenario. We'll definitely keep you updated and may provide short-term entry opportunities as they arise. In the coming months, we expect to develop Wave B and finally Wave C. After that, as previously mentioned, holding this stock long-term could be very beneficial due to the remarkably high and attractive dividend yield.
PBR Petroleo Brasileiro Options Ahead of Earnings 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 trend downPetrobras (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!
Petrobras Loses Over $10 Billion in Market CapitalizationBrazil'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 about government influence and capital allocation.
The crux of the issue lies in Petrobras' ( NYSE:PBR ) decision to withhold an extraordinary dividend, much to the dismay of investors who had anticipated a more generous payout. The move, attributed to board members aligned with the government, underscores the delicate balancing act facing Prates, caught between the interests of minority shareholders and a government keen on prioritizing capital spending.
Petrobras ( NYSE:PBR ), once hailed as a cash cow for its shareholders, has seen a reversal of fortunes under new management appointed by President Luiz Inacio Lula da Silva. While the prior management had been generous with dividends, the current regime has adopted a more conservative approach, sparking discontent among investors accustomed to hefty payouts.
The fallout from the dividend debacle has been swift and severe, with a slew of downgrades from prominent financial institutions signaling heightened risk perception and casting doubts on Petrobras' ( NYSE:PBR ) future trajectory. Analysts at Bank of America, Bradesco BBI, and Santander have all expressed concerns about the company's growing cash reserves and questioned its capital allocation strategy in the absence of an extraordinary dividend.
Chief Financial Officer Sergio Caetano attempted to allay fears by emphasizing that the reserves earmarked for "capital remuneration" are strictly designated for dividend distribution and not intended for investments. However, skepticism lingers amidst uncertainty surrounding the timing and magnitude of future payouts, amplifying investor anxiety and contributing to a sharp decline in Petrobras' ( NYSE:PBR ) stock value.
The repercussions of Petrobras' ( NYSE:PBR ) dividend decision extend beyond the confines of the boardroom, sending shockwaves through Brazil's stock market and dampening investor sentiment. The company's fourth-quarter earnings report, while surpassing analyst expectations, has done little to assuage concerns, highlighting the precarious balance between profitability and shareholder satisfaction in an increasingly volatile environment.
As Petrobras ( NYSE:PBR ) grapples with the fallout from its dividend debacle, the road ahead appears fraught with challenges. Navigating the complex interplay of government influence, investor expectations, and operational imperatives will require deft leadership and strategic foresight. For now, all eyes remain firmly fixed on Petrobras ( NYSE:PBR ) as it seeks to regain investor trust and chart a course towards sustainable growth in the face of mounting uncertainty.
PBR on a bullish channelNYSE:PBR still on a bullish channel, most likely will touch bottom line before head to the top of the channel.
PETR4 Week of 13/08 to 17/08 2023PETR4 in a possible retracement mode.
Pease see video for exact points.
Thank you.
PETR4 Week of 07/08 to 11/08PETR4 stil in a corrective mode.
Please see video for exact points.
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Technical and digital analysisWe 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
PETR4 Week of 31/07 to 04/08 2023PETR4 in a correction mode.
Please see video for exact points.
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PETR4 week of July 24 till 28 2023PETR4 in an intermediary top to possible blow of and double top on the top of the chanel.
Please see video for better view.
Thank you.
PETR4 week of 17/07/23 to 21/07/23PETR4 in a retracement model to levels described on the recording.
Please listen to recording for precise levels.
Thanks.
