Pascal
05-25-2015, 10:32 AM
NTI is a refining company offering very strong dividends (Crack spread is good for now)
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It is interesting to see below that if we buy at around $24 (at the support level,) then the potential returns for the next 20 days are rather positive.
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If we look at the sensitivity analysis, we can see that a better buy in terms of R/R would appear on a very deep pullback down to $22.
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However, the 20 days return on very oversold purchases are worst that the returns on purchases made at higher prices. This is counter-intuitive, but is probably due to the low level of opportunities for entering trades that are very oversold, combined to the fact that oversold situations are also very volatile.
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30433
It is interesting to see below that if we buy at around $24 (at the support level,) then the potential returns for the next 20 days are rather positive.
30434
If we look at the sensitivity analysis, we can see that a better buy in terms of R/R would appear on a very deep pullback down to $22.
30435
However, the 20 days return on very oversold purchases are worst that the returns on purchases made at higher prices. This is counter-intuitive, but is probably due to the low level of opportunities for entering trades that are very oversold, combined to the fact that oversold situations are also very volatile.
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