$SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$
Since last comment that the price will experience a bounce back up (after the previous sell down), it indeed went as high as >US$100 (notable when Omicron virus is mentioned as a non-event or no prominent risk threat).
As at today, reverse is true as Omicron virus has spread quite extensively… expectation that the impact to tourism/travelling will be impacted… oil price dropped accordingly. This reversal has reached the last expectation of <$90 in 20/12 trading day.
I am still holding my bias view that it will reach below towards $80-85 range before the next review. Let’s see how things developed.
(Should Omicron virus become risk off again, it may give some support back to the $95 level as per my expectation)
Please share your comments and views.
Since last comment that the price will experience a bounce back up (after the previous sell down), it indeed went as high as >US$100 (notable when Omicron virus is mentioned as a non-event or no prominent risk threat).
As at today, reverse is true as Omicron virus has spread quite extensively… expectation that the impact to tourism/travelling will be impacted… oil price dropped accordingly. This reversal has reached the last expectation of <$90 in 20/12 trading day.
I am still holding my bias view that it will reach below towards $80-85 range before the next review. Let’s see how things developed.
(Should Omicron virus become risk off again, it may give some support back to the $95 level as per my expectation)
Please share your comments and views.
1
Reference back to my earlier post ever since waited for 36 trading days for Oil price / XOP price to undergo correction. It was mentioned that Price recovery would be expected (since that day) - which indeed happen (largely due to Omicron coronavirus become non-event).
Now, I resume my view that the oil price rally is over optimistic (I am holding a downward bias view based on current price level).
Feel free to post your comment and discuss!
$SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$
Now, I resume my view that the oil price rally is over optimistic (I am holding a downward bias view based on current price level).
Feel free to post your comment and discuss!
$SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$
3
Day 36 - $SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$ the Correction Day has finally arrived. Took 1 over month for this price level to arrive this price level indicated in my earlier post. Current price is between Support Line (S2) & (S3).
Would expect some form of pullback (price recovery) but expect downwards trend to persist for short-mid term (over the months) until further news or catalyst come along.
In my opinion, the price will eventually dive below <$95 towards $90 in short-to-mid term (next few months). Let’s continue to watch this space.
Would expect some form of pullback (price recovery) but expect downwards trend to persist for short-mid term (over the months) until further news or catalyst come along.
In my opinion, the price will eventually dive below <$95 towards $90 in short-to-mid term (next few months). Let’s continue to watch this space.
1
Today is the last trading day for Oct 2021.. my guess target price of $180 is ~8.1% away from the current price around $166.50. What about yours?
Still got more than half trading session away before it concludes!
$Alibaba(BABA)$
Still got more than half trading session away before it concludes!
$Alibaba(BABA)$
+30ポイントの報酬をもらうために私の投稿を「いいね」してください...
Longの場合、「Moo」アイコンを入れてください
Shortの場合、「いいね」アイコンを入れてください
$SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$
$United States Oil Fund LP (USO.US)$
Longの場合、「Moo」アイコンを入れてください
Shortの場合、「いいね」アイコンを入れてください
$SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$
$United States Oil Fund LP (USO.US)$
翻訳済み
4
皆さん...たぶんもうすぐ目標株価の180ドルを突破するようですよ。 $アリババ・グループ (BABA.US)$
Good luck! お好きなように予想を修正してください... たぶん188ドル?
はは....
Good luck! お好きなように予想を修正してください... たぶん188ドル?
はは....
翻訳済み
4