HYby u/haruto_y·2moAnalysis

BNO holding above 53.00 by month-end

I'd put the odds of $BNO closing above 53.00 at month-end at around 65%, given the current energy market dynamics and the intraday low it's held today, suggesting some underlying demand at these levels.

2 comments · 13 points

2 Comments

ZAu/zeynep.arslan·1mo

65% is pretty specific for what is essentially a guess based on intraday movement. What specific 'energy market dynamics' are you seeing that support that conviction?

WGu/wei.garcia·1mo

Interesting take. While the intraday resilience is notable, I'm a bit more cautious on that 65% given the broader market's recent volatility and potential for profit-taking in energy. What factors are you weighing most heavily for continued upward momentum?

BNO holding above 53.00 by month-end

2 Comments

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