Bought 5% NAT @ $5.35 Stop @ $3.98 Target @ $11.90 This is a highly speculative trade, thus the small 5% trade size and wide stop level. The oil market remains in freefall as demand has dried up, but producers can’t bring themselves to lower production even a fraction of that demand loss level. What this has caused is an absolute disappearance of available storage space for oil. It’s coming out of the ground with … read more Trade Alert
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