YPF
YPFD Long Term EspectationsEven tough Argentina did not make it into a MSCI upgrade to Emerging Markets last month (notice the last big drop in its price), the bullish trend is still going, the Merval Index (from Argentina) is fully recovered and YPFD bearing its flag stock keeps itself on the bullish channel, respecting major resistances and supports.
Last month YPF S.A. bought back its stocks for 100 million ARS at a top price of 450 ARS (at that time the stock was about 350 ARS).
Last quarter results were very positive if we are looking for a long term investment, almost 90% of the profit was spent to cancel old debt taken by the last administration, making YPF free to take new loans with the best rates to exploit Vaca Muerta well. Operational cost was also reduced by almost 70%. We LL be expecting a very good second quarter result.
Analyst at big firms are expecting an average growth between 450 and 512 ARS in the next months.
I do set a take profit target at 467 ARS for the middle term, and wait and see for further price movement.
OIL/ARS: Uptrend spotted, YPF going up?Seems like the case here, we could see a prolonged rally in YPF and OIL expressed in ARS.
If you drive, sorry for you...hopefully, you have been buying USD and/or GOLD as per my reccomendation before this devaluation surge started.
Good luck, we'll need it.
Ivan Labrie.
YPF: Time at mode forecastThis is the potential upside in store for YPF shares, if the uptrend confirms. You can look to take a long position here, risking a drop under the recent low to be safe. We can add to it once it confirms the biweekly uptrend, very similarly to the commodity index setup (logically, due to the sector).
Good luck,
Ivan Labrie.
YPF If YPF cross the blue line and the 200 moving average line, I will recommend to buy and hold until USD 20. (You could sell in USD 19)
YPF con senda alcistaNYSE:YPF se encuentra en un canal bajista de largo tiempo que puede llegar a su fin si el canal alcista de corto tiempo sigue su rumbo sin parar.
Creo que NYSE:YPF pasará la marca de los 22.24 sin mayor resistencia para alcanzar los 31.5 como techo máximo para este año
YPF - DIVERGENCIASEl petroleo marca el camino, pero la cotización de YPF diverge con sus indicadores.
De caerse el precio del petroleo podría caer rápido a buscar la base del canal.
