Gazpromneft – integration into Gazprom structures
NEWS / INVESTMENT EVENT
"Gazprom Neft will switch to a management model similar to the parent company from April 5"
Gazprom has a reputation for not being the most efficient business. Dividends and increasing shareholder value are not a key work priority.
The management of Gazpromneft actually loses freedom of action when making decisions, which may affect the efficiency of the company.
TAKE PROFIT
Since mid-January 2024, Gazpromneft shares have been experiencing downward dynamics within the framework of a falling trend. The RSI oscillator has confidently settled below 50 on the daily chart, which indicates sales. We believe that the target of the decline in Gazpromneft shares is the level of 675 rubles, where the Fibonacci level and the resistance boundary of the long-term ascending channel intersect. (-10% of the current price of 750 rubles).
STOP LOSS
Do not forget about risk management. If the price is fixed above 800 rubles (+6.7% of the current price of 750 rubles), the scenario with a further fall in the paper is canceled. We do not recommend opening a short position, due to the significant risks of playing down.
Disclamer. The analytics presented here are designed for people who have at least a basic understanding of the Russian financial market. If you have difficulties with the practical implementation of our recommendations, you can use the services of our specialists with the Portfolio Consultant package at the link: https://eraperemen.info/priobresti/
