YPF
⏳ YPF is currently viewed as a hold for short-term traders, as it remains within a short-term downtrend despite positive medium-to-long-term prospects for Argentina.
📉 The stock needs to break its current downward structure to the upside before signaling a potential buy for short-term strategies.
📊 Recent price action, including a Doji candle and very low volume, indicates indecision and lack of buying pressure, reinforcing the wait-and-see approach.
@ClaveBursatilTV:
“And more so if YPF, for example, continues to fall, because I’m going to pay today’s prices, and next week I could pay cheaper prices. So, and even if they weren’t cheaper, because for example it lateralizes, well, for example, May 28th is where I am here with the mouse, right? So I put the money to work elsewhere, take profit, and come back here again. So, the short term, the short-term timing, what it allows you is to maximize profits. It doesn’t mean that if YPF is short-term bearish, it will be medium-long term bearish. If your perspective is a year from now, it’s okay to buy, nothing happens, but you can improve the timing, you can improve the maximization of these benefits. So for now, I don’t see YPF as a buy for the short term. When will I see it as a buy? Well, when it breaks this bearish structure to the upside. There’s no prospect yet, in fact, the candle that finished on Friday, a Doji candle without a body, paltry volume, I mean, it doesn’t have, it doesn’t have strength.”
Watch the exact part of the video where @ClaveBursatilTV talks about YPF Sociedad Anónima here:
Watch the video on YouTube
Read more articles analyzing YPF Sociedad Anónima (YPF) at the provided link. YPF stock.
