I'll add further to this idea later. For now, I expect price to reach from 11.02-7.22 within the next year. Price will likely reach the lower levels from 9-7.22 then begin a slow ardous journey back to 13-15 area, so patience will pay dividends here. Keep an eye on this one.
KRP is in a great position as a light weight royalty company that allows them to have all the benefits of higher oil prices with the protection of futures in the correct way.
very well managed and has been on the radar for a while
theory:
oil companies are in the best position right now between economy and business. they hold all the cards and dont have to do...
Immediate targets 13, 12.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market...
