If i had to pick one russian stock after this huge sell-off, that would be LUKOIL (LUKOY).
PJSC LUKOIL engages in exploration, production, refining, marketing, and distribution of oil and gas.
Last year they had earnings of $773Bil and paid a dividend of $7.35, which is now higher than the price of one share.
It will be adjusted for sure.
The Market Cap is also...
Magnit is a chain of retail stores, the third largest private company in Russia by revenue (after Lukoil and X5 Group). It consists of more than 15 thousand grocery stores, 500 supermarkets, 5 thousand perfume and cosmetics stores, 1 thousand pharmacies, manages a greenhouse complex and its own fleet of 5.7 thousand cars. Founded in 1995. Revenue ₽1553.8 billion...
●● Mine scenario
🕐 1W
MOEX:LKOH
«Pic.1»
We successfully predicted the growth of the fifth wave after the triangle ((iv)) and the subsequent decline within the wave 4 , which, based on the norm of alternation, is still expected in the form of a triangle.
🕐 1D
MOEX:LKOH
«Pic.2»
Combination "Double Three" SZ-X-CT
🕐 1D
MOEX:LKOH
...
Don't get excited just yet. The only certainty in the oil game is it's not for the faint of heart and right now, the bears are getting crushed.
Now that prices are gearing up it looks like it's time to make a new plan. Before I do let's recap the last one.
Previously I had noticed a particular trendline that prices broke out of in early August. As that breakout...
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Welcome to our Daily Analysis, where we breakout the best course of action for a given price stituation of a stock.
This week we will be interested by Russian Stocks, while the main topic of today being the LUKOI L price.
The prices were falling throughout the last few days, but rest assured it will not go for too long as the prices are bound to go up...
$LKOH 4H has broken and retested Chuvashov's fork (orange line) after the bounces from the top of the trend channel. Expecting further downside to the bottom of the channel or lower, if megaphone formation plays out.
