Brazilian chemical maker Braskem (BAK) now has a chart I'd be searching for when seeking short candidates, so I am going to punt the remaining holding position of 0.15%. The majority of this position was sold in latter January, with more going out in early February - both in the mid to upper $14s which is just above where the stock is now.
The greater Brazilian market, after peaking its head over the 20 and 50 day moving averages, continues to struggle as well... in a world where computers now have created almost perfect correlation across assets the globe over, this chart looks similar to the S&P 500. At this point it is hard to envision any great move up globally with Greece casting a shadow on Europe, & China, India, and Brazil not participating. Perhaps Mr.Bernanke can pledge low rates for an extended period of time for the entire planet to help give them all a boost. Or start making 1 country after another a bank holding company with access to the Fed's discount window... boo yah.