Energy transition policies are likely to be major fundamentals behind this investment opportunity. A 20 year frustrating bottoming process, reflecting un certainity, seems approaching a viability, nowadays. It could easily push the stock swiftly higher, testing some major longtime resistance/support while forming a typical trend reversal CUP&HANDLE pattern.
Comment:
Stock has been in a steady downtrend, since last 2 years, forming a triangle. Newertheless, a couple of weeks ago, share price broke out of it! This may signal a major trend reversal and a potential growth ahead. If so, we are at perfect time to buy and hold longterm.