APBR (ord) APBRA (pref) Petrobras Brasil

[ixnaymat]

Petrobras near Key Resistance Area
Written by Danny Miller
Wednesday, 09 February 2011 08:44

New York, February 9th (TradersHuddle.com) - Shares of Petroleo Brasileiro S.A. (NYSE:PBR) are trading very close to calculated resistance at $38.70 with the current price action closing at just $36.92 placing the stock near levels that make it difficult to buy.

Petroleo Brasileiro S.A. (NYSE:PBR) also known as Petrobras, explores for and produces oil and natural gas. The Company refines, markets, and supplies oil products. The Company is based in Brazil and operates in South America and elsewhere around the world.

Petrobras' current stock range is defined by current calculated support defined at $34.94 and by the resistance level at $38.70, the stock is clearly over-extended from support, making it difficult to establishing new long positions at this level.

Traders don't have a clear entry point for Petrobras, as the stock is well above support, however, as the stock pulls back towards $34.94 it will definitely provide a reference point to establish a trade. On the other hand if the stock decides to break above resistance level at $38.70 then traders will get an opportunity to enter Petrobras stock by establishing a position as the stock moves to a higher range.


http://www.tradershuddle.com/Trading-Id ... -area.html

[hstibanelli]

Excelente. Sube el petroleo, baja petrobras / baja el petroleo, baja petrobras / los analistas ven al alza el petroleo, baja petrobras / los analistas ven a la baja el petroleo, baja petrobras ....el resto del tiempo lateraliza petrobras

[criacuervos]

Tremendo... me llama la atencion esos huesitos puntiagudos, falicos... sera un presagio ??

[criacuervos]

El Petrobrasaurus ????... diganme que es una joda ... tamo en el horno...

[Federcam]

Como viene la vela hoy?. En Europa hace frio y todos estan expectantes con el informe del presidente de la FED.
Todavia no me saco el miedo de la vela mencionada ayer . Esa mete miedo en serio....te acosa y te ensarta...

[murddock]

Dudo que haya lanzado la base 83 porque no existe.

[piojoso]

Muchas gracias por recordar una buena que hago, ja!. Si, es la primera vez que lanzo y lo hice en la 85.93feb y lo pienso hacer de nuevo.
Abrazo.

Si lanzaste muy bien aunque te habia dicho te acordas que martin lanzo mucho mejor la 83. Toda la prima al bolsillo
Mira, si te sirve tengo en 83 ars una Resistencia muy importante que para mi divide las aguas.
Claramente hay que esperar aun algo mas de correccion.
En 74 ars llevo algo de papel o call.

piojoso

[Gaston89]

Buenas.

Aca desde la costa viendo como viene la mano. Todo sigue igual y por AT veo que sigue pa abajo.

Este rebotecito sin volumen no se lo cree nadie. Capaz termina neutra

Slds