Analyzing the options chain and the chart patterns of VIST Vista Energy prior to the earnings report this week, I would consider purchasing the 60usd strike price Calls with an expiration date of 2024-12-20, for a premium of approximately $1.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
| VIST | LONG @ 8.3 - 8.5 | TP @ 8.6, 8.7, 8.8, 8.9, 9 | SL @ 7.5 | PATTERN = ASCENDING TRIPLE TOP BREAKOUT | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
Crude oil prices gained slightly on Wednesday, extending multi-year highs supported by an improved demand outlook as accelerating COVID-19 vaccinations helped lift travel restrictions in Europe and the US. On the supply side, OPEC+ agreed to keep to their plan to gradually ease supply curbs through July, signalling the ongoing strengthening of market fundamentals....
Possible technical rebound in Vist, zone of 61.8% and average
Quiebre de la MA de 50 con volumen y realiza throback de reversion alcista con descenso del volumen