StocksAndStones

Hated Deep Value Play (long term)

Long
StocksAndStones Mis à jour   
NYSE:OVV   Ovintiv Inc. (DE)

Not my usual technical analysis. This is a buy & hold.
Commentaire:
With Russia and Saudi Arabia opening the taps expect this and all other oil stocks to suffer. Any guesses how low oil will go? $30/barrel? $20? $10?!
Commentaire:
I am removing this from my long term deep value ideas. It dropped -72% yesterday. That's great IF the company can sustain it but oil dropped huge and all of $OVV 's assets in the ground just got crushed. The question now is can $OVV remain solvent for the forseeable future?

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.