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PBR swing trade

Updated: 17 Aug 2021

Petroleo BR lost a significant amount of value during 2020 but has since established a solid uptrend and looks likely to regain it's previous levels in the near term

We've seen price ranging around $8 – $9 dollars and that area now looks to have turned into support

We're looking for entries below $9.50 for an initial move to $13 and with a potential to reach $19.31 in the longer term

 

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