MULTIDAY RUNNER $BATL UPDATE $27 ON THE TABLE (proof for speculation)

Again, NFA

Please see my last post on $BATL for context if you haven’t. (Pls do your own research too)

❗️Shorts are going to be burnt, forcing them to close their positions and buy $BATL due to the below points stated. This is also due to a massive sector wide risk off sentiment that will occur over the coming days, and I suspect rotation into Defence and Energy will be very hot next week.

❗️Already there is a high short interest and low float.

1️⃣There’s been a new development, BoJ are expected to hike interest to the highest point (1%) on Tuesday (16th June) early hours in the day.

Economists have a 94% expectation of this to happen and be higher later on in the year.

This will cause global fund managers to liquidate, take profits (they’ve borrowed in Yen, converted into USD and have positions in US tech stocks). Because of the interest going up compared to what they borrowed at, risk off and rotation will happen to the sector that’s hot.

2️⃣ Disgustingly, Israel have bombed the capital of Lebanon. One of Iran’s main sticking points in the agreement was to include Lebanon in the peace deal.

Previously Iran has stood firm that if Lebanon is to be attacked, Iran will answer directly back. Which, given it was a direct hit, I fear tensions are about to go up further. Basically Israel taunting Iran into a response.

Confirmed news sources show, Israel intentionally bombed the capital of Lebanon to torpedo the US-Iran talks. Which I won’t speak on politically, but this is vile.

This could cascade into Iran being firm on the Strait of Hormuz being shut which will ultimately sour the US-Iran peace talks, forcing escalation to further persist, causing panic selling and a risk off sentiment, which will ultimately flood into the Defence and Energy sector.

3️⃣ following on from news received after hours on Friday 12th June. CNN had reporting Cushing Oil supply levels are at massive concerns, with tanks hitting ‘bottom’

Given the significant Cushing oil supplies have within America, this just adds to the flame of panic and risk off, into energy.

EIA data supports this point. Physical oil supply panics.

4️⃣ the market has closed last week on the assumption that a peace deal was going to definitely happen on Sunday. Since that was priced in on Friday, aggressive reversals will begin to unwind and now Lebanon being severely attacked, I think panic selling will occur.

I feel like given we have multi macro headlines coming our way, a multi day runner like last time is likely to repeat… a climb back to $27 is on the table.

Do your own research as always, but everything points in the direction I’ve stated.