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.
Key facts today
1.082USD
25.63 BUSD
105.32 BUSD
4.44 B
About PETROBRAS ON N2
Sector
Industry
Headquarters
Rio de Janeiro
Website
Employees (FY)
46.73 K
Founded
1953
ISIN
ARBCOM4602U4
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 - 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
$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 highe
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
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
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 approx
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 (
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
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