PBR.A trade ideas
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the PBR if it trades at 5.18 or higher. If triggered, place your stop at 4.59 and exit the position for a profit at 5.58 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
PBR - MASSIVLEY UNDERVALUED - SELLING IS EXHAUSTED - ACCUMULATE
Petrobas is the Exxon Mobile of Latin America and although has political corruption , saddling debt , and hurt from falling oil prices...this stock is undervalued and historically oversold.
Expect a dramatic rip to the upside on any news of Brazil cleaning up their political machine and oil extending its rebound.
Valuation Measures ( Source Yahoo Finance )
Market Cap - 36.07B
Enterprise Value -135.83B
Revenue -79.74B
This stock , like most of these beaten down energy stocks , should be accumulated on pullbacks.
I believe $5 is strong support and have been buying at that level. I will be trimming on any move to the 10 dollar level and will then update my strategy on this position.
PBR: 7 Year Bear Run Over?How do you not like a stock that doubles in a little over a month? PBR killed it on their last earnings report and it has been on fire ever since (with the help of the energy market). Pull up a monthly chart on this stock and you can see their is a lot of momentum behind this move. I suspect this rally to last another 2-5 months at least. Expect a strong trending market to continue to form. I marked out the current main support trendline from the lows in march. Intermediate target right now I have set at the .387 retrace of $11 and .5 retrace of $13. I can easily see PBR rallying pass these targets as they reported higher YoY revenue, net income, and cashflow. Intermediate support is seen at 9.50-9.40, 9, and main support at 8.50. Expect momentum to continue as long as price remains above 8.50
Have a chart you want me to analyze? Comment below!
PBRI started buying this one from 6,10 to 5,20 and then it bounce as expected. I still think this is THE trade of 2015... look my old posts...
I love this one and expect to see 20 this year... now if we go to the short term it may take a breath from 7,80 to 7,10 and then continue the journey... so IF this one goes to 7,10 then it will be a nice buying opportunity
Technical and Fundamental Analysis of PBR (Petrobrás)Fundamental keypoints: (Translated from portuguese)
* New management: The new finance minister shows that is able to change the actual situation, which makes the market enthusiastic and hopeful
* While Dilma said the actual president is going to stay for the moment, there are rumors saying she'll (Which is Maria das Graça Foster) be replaced by Vale's actual president, which also makes the market hopeful.
* Although there are new reports, most of the media forgot about the incident already. The incident being a lot of reports of corruption inside the corporation, one of the most scandalous reports of corruption on Dilma's last government. (2010-2014)
* Most of the debt is being cleared on recent discussions about opening a new paper, or trying to re-finance it with investors.
* The target price most brokers and banks that still recommend this stock are aiming for is from 14 to 18 R$. (Reais)
* If there's a new paper on the market, this one will drop it's value fast. So be aware of the risk.
Technical Keypoints:
* Most of the bullish movement is because of fundamental price action, while it applies itself accordingly with technical analysis, considering the following: double bottom, probably followed by an harmonic pattern that indicates bearish behavior. Which means that short term we could expect a rise, then a drop. In the long term, I'd expect it to go sideways, followed by some bumps. If it goes out of the harmonic pattern, you could expect a continuation of the bearish trend (downtrend).
Portuguese text:
* Nova gestão Dilma: Ministério da Fazenda demonstra entusiasmo e mudanças em prol do mercado
* Otimismo em relação a troca de presidente da Petrobrás, devido a pressão política em cima da Maria das Graças Foster
* Murilo Ferreira é cotado como possível substituto, isso cria expectativa para com o mercado
* Apesar de novas denúncias, mídia não comenta mais tanto do assunto, algumas corretoras ainda mantém indicação de compra
* Negocia-se com credores as pendencias atuais e estão tentando evitar riscos sobre dívida em recentes reuniões
* Preço médio cotado por análise fundamental é entre 14 e 18 R$ (Alvo)
* Dissolução dos papéis atualmente pode acarretar falta de investimento futuro (?)
That's it, trade safe.
Petrobras Brasileiro: Corruption undermines Fitch RatingI've flagged Brazil's state-owned mega-energy firm Petrobras Brasileiro ADR (NYSE: PBR) because the SEC is investigating the energy firm for money-laundering and corruption, thus skewing Fitch Ratings of PBR. Since PBR owns a Texan refinery, PBR it is accountable under US jurisdiction. PBR has been found in violation of the Foreign Corrupt Practices Act and "other laws". I highly suspect "other laws" may very well be The Racketeer Influenced and Corruption Organizations Act (RICO), taking into account PBR's "cartel" influence in the global energy sector.
$PBR closed at $10.50 at the closing bell; -$.34 or -3.14%. Its price range was $11.51 at pre-market, opening around $11.15 then plummeting down to $10.41 during Wall Street's Witching Hour.
What is more shocking is to learn that the Fitch Ratings just released at the same time; gave an upgrade on the series of notes to "BBB"; the "issuance of which are backed by the royalty flows owed by oil concessionaires, predominately, PBR, and Rio De Janeiro (RJS), of which 100% flows to RioPrevidencia (RP), the states pension fund."
In part, the USD 1.1 billion series 2014-3 notes 'BBB', Outlook Stable and BRl 2.4 billion series 2014-2 special indebtedness interests notes affirmed at 'AAAsf(bra)', Outlook Stable.
PBR's cartel is backing a capital investment program at USD 220 billion between 2014 and 2018.
PBR is an asset to be used when the market performance is shaky. Its personality
Currently the downside calculation of price per share: $.54.
No wonder EEM doesn't performPetrobras - The national oil company of Brazil peaked at April 2008. Ever since then the price has been contained inside this downtrend channel (with the exception of 2009 panic selling)
It is hated so much that it could plunge as low as 8-9 before OPEC meeting.
PBR Daily.(F) With first elections out of the way, positive expectations, and undervaluation.
Potential IHS, and basing. Notes on chart.
Gap Fill potential, breaking downtrend_line, 200 sma. first act.
RSI on brake_out point, at 31.
Targets in descending probability.
Target_1 : 15.50
Target_2 : 18
Target_3 : 19.65
WDB Option Model Update - PBR ftw baby!Hello all,
I am constantly astounded at how well this little WDB Options model I put together is at finding the bottoms of markets. Here is an update of one stock that came up on our screen back last spring. The chart really speaks for itself as we have steadily moved higher from the signal levels - again astounding. The long and short of this story is if one was fortunate enough to be able to take the trade (and have an average cash cost of $10.80) one should be getting ready to sell some. Our time tested rule of selling half your position on a double (in this case $21.60) would basically put us in a position of getting all our original capital back in our hands and give us a 'risk free' position on the remaining shares. Again, I would highly recommend you do so if you took this particular trade.
That's all for this post, just a quick update on yet another awesome WDB model candidate....wtg WDB and wtg CRI..
Cheers,
Brian
aka
The Rational Investor
PBR at a very critical level. A breakout or a short?Bollinger band suggesting a double top? Breaking this level could see higher prices but in short term it seems the price would come down.
SHORT PETROBAS5-3-5 ZIGZAG
WAVE C .618 FIB EXTENSION OF WAVE A
WAVE B COMPLETED A ASCENDING TRIANGLE
WAVE 2 WITHIN A 5 WAVE IMPULSE CANNOT BE A TRIANGLE FURTHER STRENGTHENING OUR CONVICTION OF A CORRECTIVE WAVE PATTERN.
PBRA.APetrolo Brasilerio was founded in October of 1953 to operate in the Brazilian oil sector. The company is a mixed capital corporation that operates in the exploration, production, refining, commercialization, transportation, import, and export of oil and oil products. It also operates in the natural gas segment, in oil product distribution, in petrochemicals, and in fertilizers. The company's main domestic clients are oil products and natural gas distributors as well as major industrial consumers.
The pattern is : 0- 5 harmonic pattern .
the target is C = 24.19
resistant 1 = 19 .
support 1 = 15.26 .
Stop loss = 14.49 .
Wishing the best luck for you .
Petroleo Brasileiro - buy signalPBR seems coming out from a prolonged bear trend. Interesting action today 06June2014 with a gap and move upward. I'm entering long above today high targeting the next resistance (15.88) but this could be a major bottom for PBR. Monitoring oil prices and oil companies in parallel.
PZE will follow the bearish trend of PTRBPTRB touched again the resistance, it enter now in a bearish trend. PZE will most likely follow.
