Thursday, January 13, 2011

FusionIQ Focus Stock - Petrobras SA-ADR (PBR)

Petrobras SA-ADR (PBR) shares looked to have recently completed a major and complex bottoming process technically and now look like they are poised to move significantly higher.   With factors such as; the best margins in the industry, a global economic recovery driving demand, an expanding middle class at home driving demand and the findings in its Tupi field - Petorbras has many catalysts for a higher share price.

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