Sell PetroBras around double top

2016年10月4日

Based on RSI55 div on a daily chart and bearish structure look forward for consolidation around 10.20/share and further reversal.
Time horizon: 1-2 quarters.
Initial target and stop as it drawn on the chart.

2016年10月6日

交易進行

Yes, now is the time to short this wild Brazilian card. $10.44 in momentum