Why Shell has Upside Potential
@TigerOptions:
$SHELL PLC(RYDAF)$'s recent earnings report has me cautiously optimistic about the oil giant's future. While the headline numbers showed a year-over-year decline, they still managed to beat analyst expectations by a significant margin. This, combined with a potential technical breakout on the charts, paints an interesting picture. The adjusted earnings of $7.7 billion surpassed analyst predictions, demonstrating Shell's ability to navigate the current market environment. The company's financial health is further bolstered by a decrease in net debt and the announcement of a $3.5 billion share buyback program. This commitment to rewarding shareholders is a positive sign for investors. SHEL Daily Chart Technically, the chart hints at a possible bull