ClearBridge Energy Midstream Opportunity Fund EMO stock confirmed a Symmetrical TriangleThe symmetrical triangle pattern is one of the most popular chart patterns in the world of technical analysis. This pattern is a result of the convergence of two lines that form a ... breakout of July 18, 2023. This is one of several energy funds that pay a high dividend that we’ve seen attract big insider buying over the last few months from Saba Capital Management.
Insider Buying In EMO Stock
Insider Saba Capital Management has been accumulating EMO stock over the last 3 months.
Saba Capital Management is a hedge fund founded by Boaz Weinstein in 2009. The company focuses on alternative investments and primarily employs relative value strategies in its trading activities. Saba Capital Management is known for its expertise in credit and volatility trading, as well as its ability to generate profits from market inefficiencies. The firm’s investment approach involves analyzing and identifying mispriced securities, particularly in credit and derivatives markets, to generate attractive risk-adjusted returns for its investors.
