NFA
Given Iran has confirmed they will NOT sign the peace deal tomorow on Sunday will cause uncertainty to be priced back in and Brent crude oil price per barrel will probably gap up to $90 tomorrow night when futures open which is what will cause rotation into energy and oil stocks.
Read on it, it’s confirmed that Cushing oil supplies are at a critical level, extra bullish for Brent to gap up, CNN reported on it.
With $BATL, being a high short interest, low float stock, rotation into this will be driven by momentum, so be reminded this is a high risk high reward play.
I think due to how vocal Trump has been about the deal happening on Sunday, once Sunday passes and people realise the lie, rotation into oil / energy will be crazy and reversal from the risk on will be aggressive 🔥
📕 History… when USA launched a ballistic missile into Iran on Feb 27th (Friday) for the first time, Brent crude oil price per barrel gapped up and on the Monday, $BATL gapped up from $4 to $11 and Tuesday it gapped up again from $27-28.
Now I’m not saying this is guaranteed but if there’s an aggressive gap up in Brent crude oil price and also a risk off in the current sectors, it could massive make a retail and momentum pile on into $BATL!!
Research into it, look at live updates from confirmed sources… this seems very very compelling.
