Long TTF
Entry 1: 7.3 - 8.3 - Stoploss: 5.9
Entry 2: 3.3 - 4.3 - Stoploss: 2.9
Target 1: 17.8; target 2: 28.8; target 3: 42.8
Signal:
+ Very long accumulation from Aug 16 - Oct 20.
+ Bullish divergence from Aug 16 to Mar 20, and start upward trending from then onward.
+ High volume trading, and sign to breakout of accumulation zone and start upward trending.
Many investors seem to be overlooking that Vermilion Energy's production is nearly 50% weighted to natural gas. From Q2 2020, 45% of corporate production was natural gas. Vermilion was suffering from an extensive Eurogas bear market thanks to unprofitable shale production flooding Europe's shores in addition to a warm winter in Europe and Asia. TTF and JKM gas...