Montauk Renewables - Bio-Gas Supplier as we all know.
This Chart Depicts the Highly Cyclical nature of these Commodities. It's one to Trade, not a long Term Investment.
The recent sell-off could soon offer an Entry Opportunity.
But we need to wait for a decent reversal of the current Down Trend.
My last Trade yielded +60%. However only had R5000 in. But I shouldn't complain about that.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
This Chart Depicts the Highly Cyclical nature of these Commodities. It's one to Trade, not a long Term Investment.
The recent sell-off could soon offer an Entry Opportunity.
But we need to wait for a decent reversal of the current Down Trend.
My last Trade yielded +60%. However only had R5000 in. But I shouldn't complain about that.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Note
Early Trend Reversal Seen on the IMACD Indicator 1H Plot.I'm starting to Nibble on this one.
Note
Montauk Renewables Price Target Cut to $8.00 a Share From $9.00 by Scotiabank.= +- R150 Area
= +- 90% Upside.
Note
R60 Area Looks to Test Entry.Note
Henry Hub NAT GAS Price up +50% since April.Should provide a Catalyst for more up on this one.
Note
Trading View Analysts Target Price is R126Note
Recent Upsurge for Energy Stocks as seen on the S&P could provide a Catalyst.Also seen is the Demand for RNG for use in Data Centres and AI to offset Carbon Footprint.
Note
UBS Adjusts Price Target on Montauk Renewables to $6.25 From $5.75, Maintains Neutral Rating.= R115 @ $R18.50
Note
Montauk Renewables (MNTK) Reports Q2 Loss, Misses Revenue Estimates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.