PBR waiting for a breakoutPBR waiting for a breakout
6 Month long base
Price consolidating just below previous highs
Breakout point is 11.88
PETR4 trade ideas
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!
61% Fibo + Bearish Divergence + Upper Channel 61% Fibo + Bearish Divergence + Upper Channel are indicating a drop supported with bearish engulfing
Range ReversalBuying here with a stop on a close below 9.81. Target is 12 or higher. Oil has been strong as well as emerging markets so hopefully that will also be a catalyst besides the technical set-up
Jake Bernstein Moving Average Channel and Williams A/D I have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. PBR is turning bearish. The Williams A/D is below moving below its 57 day SMA with two bars completely below the channel. The 3 day SMA of the lows is used as the trailing stop.
PBR Long EMA55 Crossed EMA144, Start of Uptrend
EMA55/144 as support Zone
Entry 10
Stop 9
Target 13
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
