YPF
📈 YPF shares have seen a massive 753% increase since 2022, driven largely by market expectations surrounding Argentina’s political and economic shifts.
📉 Despite the removal of currency controls (‘cepo’), the stock price fell and is currently testing support zones, indicating potential consolidation or pullback.
🤔 While there’s potential for another 100% gain to reach historical highs, the recent price action suggests caution, and entering now is not advised without further confirmation.
@marcosemmimfp:
“Can YPF be repurchased? It’s bouncing off the 200-day average. No, how is it bouncing? It’s falling. It was bouncing here, here it’s stuck to the average… No, I wouldn’t enter YPF… Look at YPF in dollars and keep in mind that this has been rising since 2022 and you’re still gaining 753%. I have… we need to close the stadium, guys. How much more do you want this to rise? To where? Until it explodes to historical highs? To highs, you have 100% more that it could potentially rise, not much more. Even with the best days, the best jokes… but this rose a ton. This was $2… 755%. I don’t think it’s the only country in the world. Yes, I think it’s a totally risky country, and I think this rise is due to the expectation they have for ‘Heavy Army’. YPF then has lawsuits… where is the balance sheet? Gasoline is cheaper for me… Also, you have to take into account that you exit the ‘cepo’ and the global context doesn’t help. There are several things here, but it’s not just the ‘cepo’. I think people were expecting, ‘Uh, we leave the cepo today, this flies,’ and so on. I think not.”
Watch the exact part of the video where @marcosemmimfp talks about YPF here:
Watch the video on YouTube
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