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NAT LONG TRADE IDEA
Nordic American Tankers Limited
Long
NAT LONG TRADE IDEA
By Norwegiantrading
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May 6, 2020
9
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May 6, 2020
Remember to leave a like if you enjoy my content! Remember to watch the oil price, because NAT has shown to go the opposite price of the oil.
RSI shows oversold + strong support line at 4.92.
If the price breaks the trendline, it could rally up to 5.35 or even 5.55
Remember to watch out, if the support is broken, the stock could go really low.
Risk/Reward ratio: 1.25
Candlestick Analysis
dividendstocks
NAT
Oil
oversold
rsi_oversold
Support and Resistance
Trend Lines
Norwegiantrading
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