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NEXTENERGY SOLAR FUND LTD RED ORD NPVNEXTENERGY SOLAR FUND LTD RED ORD NPVNEXTENERGY SOLAR FUND LTD RED ORD NPV

NEXTENERGY SOLAR FUND LTD RED ORD NPV

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NESF trade ideas

NESF? Unbelievable Cheap?Gas prices are at a multi decade low and consequently energy is very cheap! Yet, when there is a significant divergence from the mean we can expect a Regression toward the mean. Energy prices probably will come back up, and we can expect, unless the company goes under, a return in share prices back towards the VWAP. I'm putting a small amount of my portfolio in to this in addition to some other oversold energy shares, but nothing I would care about losing! We can see a lower low has been formed, but a divergence on the RSI. Consequently we may be seeing a bottom.
LSE:NESF
by Shauns_Trading
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