PBR and PBR.A is set up to retake the previous highs as Oil continues its rise. Shocks to global supply are imminent. New discoveries give the company plenty of room to continue to increase production and global share well into the future. Political risk baked in. Max pain 12.50-11.50. Stop set at 12.76. PT $17/Share.
Looking back at previous years, Sofi has attempted to break and stay above 10 for a while. Considering it has made it above 10 during Tight financial conditions, the current economic environment is supportive of a step-wise like level increase. I see this stock breaking the $9 level and maintaining above before EOY.
