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Actionable news in TS: TENARIS S. A.,

Fernando M. Pertini

TENARIS - Why you should buy the stock... now... 3 Technical Reasons - 3 Fundamental Reasons ***Technical Reasons are exposed on the chart*** WHY CHART MATTERS? Patterns tend to repeat themselves. Want to decode everyone’s motivation to buy or sell? Nearly impossible! Chart patterns look at the big picture and help to identify trading signals. And they work! ***Fundamental Reasons besides "earnings blowout" *** 1) Oil is moving higher. World is growing. Oil imports from China are at record high! 9m barrels a day vs 2m barrels 10 years ago. I do believe Oil is moving towards $100 as stated on Aug28, 2017. https://lnkd.in/era5wExhttps://lnkd.in/dRj_bRS 3) Portfolio Rebalancing. Energy as an investment WAS out of fashion. It's coming back just when Oil Service Stocks (like Tenaris) trade at 3+ year low relative to Oil. Tenaris trades 65% below all time high and a laggard -so far- of Argentina Stocks Rally. https://lnkd.in/dKN6d37 Want to discuss it further? Get in touch! If not, do your own due diligence!

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