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Mmurillas
Apr 6, 2020 9:39 AM

Triangle pattern on Repsol Long

REPSOL, S.A.BME

Description

As well as the price oil is in the lowest, the oil companies do the same. Nevertheless, that can be a good opportunity for those who own strong liquidity to buy low.

So in this contexte, here we have Repsol with a monthly triangle pattern. We can hold a long position for long terme. In my case y prefere to catch long mouvement on daytrading.
Comments
Ahluic
You might want to hold for the dividends, 11% ROI.
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