Petrobras Energia and the Great Snaffu...

Hee Hee - the press incorrectly credited this little high-spec offshoot of Petroleo Brasileiro with PBR's patent to some billions of barrels of sweet light crude just off the Brazilian coast...

now that PZE is unfolding to the tune of the truth --> all they really have is a bunch of gas stations in non-capitalist countries which are fed buy PZE owned and operated refineries...

What's the mention - well --> the market needs to normalize and all re-regulation cycles involving human emotion driven factors, whether charted individually or collectively as is done for trading activities, will show repeating patterns of over corrections and re-corrections that seem to diminish harmonically....

so - PZE went way up on lies - all lies --!!!
Media tells it how it is...& PZE goes from "all swelt-up to roly poly" in a matter of minuets.

there should be a deep dive here that undoes reality and must be re-corrected -->

PZE could trade as low as 5.97 but will work it's way back to test 13 eventually...

I will watch for these levels and see if they appear...
PZE
if major resistance here possible bounce to .. then followed by harmonically diminishing re-corrections
11.82 - 13.38-13.77 (13.38-13.77 - 11.56-11.3) (11.3-11.56 - 12.08-12.34) (12.08-12.34 - 11.65-11.82) etc etc etc
10.65 - normalizing downwardly - resistance here leads bounce to - 12.21-12.6
9.48 - 11.04-11.43
8.31 - 9.87- 10.26
7.14 - 8.7-9.09
5.97 - 7.53-7.92

these are experimental calculations which are barely accurate at best, have no proof of reliability, and are not shown to utilize any valid methodologies...

This is extremely speculative and may be more fun to watch from the sidelines....It might actually happen to some degree here and give us a neat chart pattern representative of collective neuronal receptor re-regulation as imposed on buying and selling behaviors