brazil stock Ichimoku trade of the week : petrobras 8-10-12

On Aug 5, 2012, we received a 3 timeframe buy Ichimoku email alert on PET3-BSP, Petrobras for the Brazil Stock Market.
Here is the email alert:

Here is the chart. The entry was 21.06, initial stop 19.83, and a preserve mode value of 22.81. This is a min. reward of 1.75 and initial risk of 1.23 i.e. min. of 140% profit.

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About the Author Manesh Patel