Hi, Long story short, technically the price of EQNR has started to approach an interesting price level. A lot of criteria are matching and from my point of view, those who have waiting for an opportunity to jump in then you can slowly start building your position. Obviously, after you have done your homework about fundamentals - this, what I share here, is...
The Covid 19 crisis hit the cruises companies hard but after the re-opening of the worldwide economy the crowd Is back, and the demand is near to the pre-pandemic levels. Considering the fact that Norwegian Cruise Line is the third-largest cruise line in the world by passengers it is worth adding it to our portfolio. From a technical perspective, the price is...
Welcome to my Detailed and Extensive Technical Analysis of Norwegian Air Shuttle ( NAS ) Norwegian Air Shuttle Welcome to this analysis from me, Norwegian Air Shuttle currently has the potential for a strong price rise once the price leaves the breakout zone and enters Elliot wave 3. The situation is strengthened by a clearly recognizable W formation with a...
Entry Range: 10.374 - 9.902 Avg. Entry: 10.022 (RRR: 2) 1st. Profit Target: 11.270 Stop Loss: 9.404 HOW TO ENTER MY TRADES 1. Ladder your entries. You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled. 2. Only first touches are valid. If price is rebounding back into the entry zone after...
Trend Analysis The main view of this trade idea is on the 2-Hour. The fx cross USDNOK appears to have found support around the 8.7 price level, as the countertrend move in the currency appears to have ended. This produces an opportunity to go long USDNOK with initial resistance observed around 8.9, which can be an initial target for the fx cross. Technical...
Norwegian cruises, we finally took take profit but the next one is way further up and will take time. Look at our updated chart.
"The time to buy is when there's blood in the streets." - Baron Rothschild So if you are looking for said blood the Norwegian Air shuttle (NAS) might be worth a serious look. Background: Biggest airline company in Scandinavia. One of the biggest in the world (I believe Top 6). It's based in Norway. Norway is a rich country. "Oil rich". Like many other airline...
At a very low price, normally since Covid has disrupted cruises around the world. Technical analysis will show you the key points on our chart.
I'm betting on a 5 % bounce today.
Changing sentiment on a huge material change PR that wont see operations all summer. NCLH endured an operation net loss of $1.8B in q1 (after having ticket sales of $1.2B) Imagine the q2 book after no months of ticket sales. They have $16B in assets, $1.3B of that is cash but with $12B in debt. Bringing us to bottom line book equity of $4.3B Customers from...
This is a long term investment of mine that has already yielded some nice profits thus far. You often here the recommendation to "buy the dip" or add to your investment at opportune moments. This is one of those areas where I may add to it as well. I'd like to see previous resistance around $18 become new support. 2-5 year plan! Happy trading.
You can pick up cheap July $20 Calls here as Norwegian tests a breakout to over $20. Chart says major headwinds but we have not tested resistance with a stong MACD on the week. I say its worth a gamble to nibble on some calls for a trade. I woudn't load the boat a ton here though - stay well within your risk tolerance. Also I would keep a tight stop loss. Cheers.
Full disclosure. My first post. I hope I do a good service with this analysis. My Analysis: In short, CCL retraced a hair above 50% of its previous high. History says it's not going to create a new low. So I'm bullish with the consolidation I highlighted, its building strength for a big bull run up to $18. I set FIB to whole numbers -- $19 (high) /$8 (low)...
NYSE:NCLH Norwegian Cruise Lines (NCLH) recently ran into resistance as sellers prevented the stock from going past the .236 fibonacci retracement level earlier this week. Furthermore, recent options activity shows bearish sentiment with NCLH put/call volume ratios of 2.07 This means for every 1 call that trades, there are 2 puts are being traded. The...
Hello everyone! Time for free analysis! :) Finnair has been downtrending for months now and by now we are able to trade the uptrend. In December Finnair was priced at 5.5€ and since then it has been uptrending. Support trendline has been strong and it has not been broken. When touched, it will go back up. Today Finnair has been declining for 3.5%. Good...
A good time to map the strategy and flows for CADNOK as we approach year-end. As you will have noticed I am tracking for a major pullback in the cross over the first half in 2020, this is coming from large macro forces at play. Central bank coordination has opened up the opportunity for NOK to outperform CAD. Firstly the reflation theme via USD devaluation is...