Here is a short term possible H&S of PBR. If it does play out as such a retest of the trendline that was broken might be possible. There is a lot of uncertainty with the switch in Brazil so a healthy dose of caution.
This is not financial advise.
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The price broke above the neck line. I entered a medium size position. I have been stopped out before on PBR so I am willing to take a little more risk on my SL.