RE: What if8 Jul 2022 14:46
A scientific analysis would require some sort of multi-factor plot of results, buybacks, oil price and oil demand forecast.
No doubt the more sophisticated analysts are able/have the time to do that.
The drop from 450 to 370 in a month i.e. around 20% is quite dramatic and should show up on such a plot.
Otherwise it's really a matter of having a punt at the troughs and peaks.