TradingView
Allenvik
Nov 16, 2020 3:48 PM

STNG is looking to recoup some ground. Long

Scorpio Tankers Inc.NYSE

Description

Oil Tankers have experienced a lot of uncertainties due to the pandemic in 2020, however it is clear that the worse is behind us. Oil it will slowly drift higher and so tankers like Scorpio will benefit from that.
My primary target for STNG in the next 6 months, is on its immediate major FIB level, around $18.
Let's wait and see how it will go in the next couple months.
More