Is there a reason to buy this now? I dont see any. Isnt it too late to sell it? I think so. It stays at important level. Need to see how the price action here.
Caution: Preliminary Research – not an investment advice What yesterday looked like a good long, today looks like even better one after the security took a 5% hit today. What we're looking at: Gazprom mispriced at the fundamental level, giving a chance to almost double – according to the research, one could anticipate an appreciation of anywhere between 82 and...
Current trend Yesterday Gazprom shares closed 0.65% lower. Today the dynamics for the instrument are going to be determined mainly by two events. First is the ECB meeting and its Interest Rate Decision, where the regulator could expand its QE program that would lead to a fall in the Euro and a stock markets growth. The second event is going to be the meeting of...
Since about 2013 Gazprom trades laterally in relation to 1-year mean, giving abundant opportunity to take mean revertion trades. Mean revertion trade is when price goes from either 1st standard deviation from the mean to the mean itself On the chart I have pointed out such opportunities in the past (blue arrow is approximate entry towards the mean, highlighted...