Short/Middle -term idea: BUY TALO @ 18.21
Updated
Buy @ 18.21
Take @ 24.0 (+31%)
Stop @ 17.3 (-5%)
Due to impact of the coronavirus Energy sector plunged the most among the sectors. That's why it is a good idea to start watching for energy stocks.
Talos Energy highly sensitive to oil prices, therefore I recommend to place close stop order. However the return may be even over $24,0, but more probably that it will touch 24,0 and reverse for correction.
Talos Energy has an aggressive plans to enlarge margins and to cut costs. Please make an research by yourself to proof these statements.
In conclusion, I want to invest in energy sector stock due to the coronavirus impact and I choose one that has a high potential to surge till the year ends.
All energy stocks considered as risky investment, so I strongly recommend to put close stop orders.
Take @ 24.0 (+31%)
Stop @ 17.3 (-5%)
Due to impact of the coronavirus Energy sector plunged the most among the sectors. That's why it is a good idea to start watching for energy stocks.
Talos Energy highly sensitive to oil prices, therefore I recommend to place close stop order. However the return may be even over $24,0, but more probably that it will touch 24,0 and reverse for correction.
Talos Energy has an aggressive plans to enlarge margins and to cut costs. Please make an research by yourself to proof these statements.
In conclusion, I want to invest in energy sector stock due to the coronavirus impact and I choose one that has a high potential to surge till the year ends.
All energy stocks considered as risky investment, so I strongly recommend to put close stop orders.
Trade closed: stop reached
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.