*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been covering oil stocks due to the obvious demand for the good due to Covid-19 restrictions coming to a close. Loosened restrictions will increase work and consumer travel, meanwhile tensions in the middle east just may be the catalyst of a huge spike in oil prices in the near future.
If you have been following us @SimplyShowMeTheMoney for the past few weeks, then you will know that our original oil play was CRK. Today we're relocating our shares of CRK into KOS. KOS is an oil company that focuses on field developments for accelerated production.
CRK was good while it lasted and we profited plenty from it, but KOS depicts stronger growth opportunity going forward due to its undervaluation.
We have entered KOS today at $3.28 per share and plan to take profit 2-3 months from now at $5.