huge rise for the oil and for the oil stocks . now is the time to buy the sell options 39 euro for this stock the rsi is too overvalued and fund the previous resistance we had profit taking today and tomorow as the oil price has already started to decline would be more intense .
Your missing an important part of the analysis. Total has disclosed that they have a 300m EBIT sensitivity to every $1 change in the TTF contract (European Gas). The front month contract went from 25 euros to 95 euros over the quarter they are about to report. They are looking at a windfall of tens on billions just from gas over this winter. Some large gaps up are needed to reconnect this to the fundamentals in the gas market.
Short sellers also take a risk that they spin off the green investments and these start trading at the crazy multiples that other green companies command.
Short sellers also take a risk that they spin off the green investments and these start trading at the crazy multiples that other green companies command.