YPF
⚠️ Caution is advised due to the global decline in oil prices, which directly impacts energy companies like YPF, potentially pressuring revenues.
🤔 While the CEO expressed optimism about Vaca Muerta potential (targeting $43), market conditions and technicals present a mixed picture requiring careful consideration.
📉 The stock has seen significant gains (600% from lows), but recent price action shows smaller highs and potentially larger lows, indicating possible consolidation or correction risk.
@marcosemmimfp:
“Marcos, the CEO of YPF said that $43 is still reasonable or something like that regarding Vaca Muerta and so on. Yes, the issue is the timing, my dear Ignacio. Yes, I mean, the CEO can tell me the company is going to 20 million. I don’t care. Yes. That is, I have to see first and foremost, I mean, it’s already on the screen there. First and foremost, we’ve been rising from $4 and we’re still, I mean, it rose 600%, a fortune. Yes, literally… it has had its downturns, right?… Eh, I’m not saying it’s going to fall there, yes, moreover on a weekly chart, in dollars, all things considered, if it stays there, meaning, if it forms a range in this zone… it will most likely continue its upward trend. Eh, I don’t rely on CEOs’ opinions… I look more at the trend, right? I never guided myself by price targets and such… Not yet, because in fact, the highs are getting smaller and the lows seem to be getting larger. So, that’s the general problem. That’s why I stayed more in fixed income, I didn’t stay in variable income… YPF, honestly, with this oil issue and energy grid, I’m going to try to see if maybe recommending a bit less is possible, because the global drop in oil prices will hit all energy companies.”
Watch the exact part of the video where @marcosemmimfp talks about YPF Sociedad Anónima here:
Watch the video on YouTube
Read more articles analyzing YPF Sociedad Anónima (YPF) at the following link. YPF stock.
