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graceful1198
Apr 24, 2020 3:48 PM

$SBOW Striving amidst COVID19 Pandemic 

SilverBow Resources, IncNYSE

Description

SBOW recently announced its downward revision of 2020 in the weak commodity pricing scenario amid the coronavirus-forced demand contraction. Reduction in demand at a time caused a dramatic decline in crude oil prices. Looking back from 2019 date-to-date chart, from 20.40 last year down to 6.29 this year. With governments worldwide imposing a complete lockdown to break the chain of the corona virus spread, demand will persistently be weak. But we can never tell, I'm probably on watch!
Comments
RomeoArtt
I'm a bit saddened by the downtrend line on the chart of this stock you've posted. As you said, we can never tell.. but i'm going bullish here.
graceful1198
@RomeoArtt, right, same here buddy.
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