Tag Archives: Petrobas

A.M. Look 9/19/13

Stocks.. PBR…16.56 is the 200 day mvg avg and resistance. Closing over this level is needed for more upside. Line this up with the EWZ for resistance and upside follow through. Bonds Bunds… 138.90 is the upside pivot. By maintaining … Continue reading

PBR…Petrobas

For those of you that wish to play the upside in the oil as well as Brazil, Petrobas has a trad able pattern with a tight stop.

PBR…Petrobas_Daily Chart

Add this to your buy on dip list given the strength in Brazil ,couple that with a good sell off in this instrument on Friday into the 200 day. mvg avg. This can be bought on any weakness with a 29 stop … Continue reading