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yujingr
May 20, 2020 3:34 AM

STNG, tanker stock at a perfect level.  Long

Scorpio Tankers Inc.NYSE

Description

- Fundamentally sound, good balance sheet
- Trading at a perfect level right now, with a great RR ratio.
- CEO bought million(s) in call options, expiring 2021.
- Unlikely to trend much lower at this level.

Comment

Moving as expected. Around 13% up.

If you aren't in on the trade, don't fear missing out. Wait for price to break 19 and retest. If it holds, then buy.
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