Transneft goes downTransneft goes down till 150000. Price can oscillate in very big range. So SL you can put at 172960 or don't put it at all. Short at market open hour and hold till 150000.
TRNFP trade ideas
Transneft triangle Transnet is a monopoly and pays not bad dividends, is in good health and has a high net worth. It is state-owned. Could be a nice long-term stock to have.
It is a low risk / low return trade (RW ration is 2).
Risk exposure is slightly above my threshold 0,6% of total portfolio and company exposure is 7% (lots are expensive)
Trade horizon: until the end of the year (6 months)
Exit strategy: 100% at TP and then upon confirmative PA short the stock
