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...
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...
