Krackenhead

Russian Equities are at the storm

Short
Krackenhead Updated   
MOEX:GAZP   GAZPROM
I believe today is the right time to open shorts. There are high possibility that market gonna go down.
So why do I pick government-supported company that produce gas to go short? The answer is that it only seems to be immortal. The government gonna support it indeed.
But what about dividends? Overall economic situation in Russia? And finally what is about demand for energy sources in near-term future?
If you have some glue of uncertainty about this questions we are at the same boat.
Comment:
Looks like bull flag right know. SL 187.4
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.