BW LPG buy oppurtunityHi Investors,
If you look at the price chart of this company for the last 3 years it might not impress you.
Also, now might not be the best time to open a buy position, but what we can see from a technical perspective - is forming a flag pattern, which usually ends up in breaking support or resistance lines.
Both ways are good for us as if the price goes up and renounce and close higher then 40 - most likely the upward trend will continue, otherwise 27$ will work as a support level.
In any case, I'm going to buy now and add more funds if the price goes down, because of one fundamental reason: 20+% dividends, treat this as your bank deposit.
Profits everyone!
Regards,
InvestMan
NEL - buying pointsEither it´s bouncing from 17.6, or it bounces from 12.
RSI looks overbought, but I´m guessing three tops before complete cycle.
Risking 17.6 myself with stop loss at 16.6.
If that fails i'll put in a order at 12.05 with stop loss at 10.8.
Best of luch
I Recommend SELLING !sell it will continue to decline next week
because the bigs traders decide to sell
EQNE NExt Week !I Advais You to Buy or Keep It In The portfolio
It Will Rise Next week
The Time Is not Right To Sell
BERGENBIO soon to break out?Price currently in a symmetrical triangle, making lower highs and higher lows. Expecting a breakout to the upside, if the price breaks out of the triangle.
Take profit 1: 45.90
Take profit 2: 51.85
Careful! if price breaks below the triangle, do not enter a trade. This stock is in an uptrend, and that's why we are only looking to buy.
Bullish on FLNGFLNG has done several bullish things recently:
- Broke it's blue downward trendline(s).
- Broke overhead resistance and retested it.
- Broke through the daily cloud and retested it.
- Made 2 higher lows, thus creating an upward trendline with 3x touch.
- Moved above the 50MA on the daily chart and found support above (light blue line).
So very simple, this is a buy form a TA point of view.
FRO looking for buying opportunitySO FRO is another one that arrived at strong support and that has several hopeful signs.
- Fundamentals give a value of NOK 98,- as a target.
- Recent downward trendline has been broken.
- Bounce on a long term upward trendline.
- Gap at 100.50 that needs to be filled.
However, for now FRO got rejected at a pretty strong resistance. So basically I want FRO to build a good support and hold the trendline before breaking this resistance at around NOK 72,- AND get into the daily cloud.
If this happens then I would consider that a good buying opportunity.
NOD looking for a buying opportunity.A little while ago I expected NOD to make a correction already, but it kept steaming on upwards!
Target for this one according to fundamentals is around NOK 130,-
However, the big problem with these runs is to find a good buying opportunity, especially if the price is at an all time high, so you don't have previous supports/resistances to work with.
So all I can go on is the most recent resistance turned support and the fact that NOD left 3 gaps recently.
So if it fills those gaps and revisits this support (and finds support), that would present an excellent buying opportunity on a bullish stock.
Storebrands strong dividends to support 56 NOK price tag?Storebrands operates in banking, asset management and insurance.
The insurance segment has filled up its coffers according to the solvency II regulation, meaning there should be plentiful of cash accessible in the future for dividends which should interest investors looking for good cash flow and dividends.
The trade is not a super exciting trade but feels like a rather certain one at current prices which is low by historic standards.
The main risk with the trade is negative interest rates which could affect the insurance operations negatively. The main opportunity is a change in investor sentiment towards companies with strong cash flow and dividends.
I set my first price target at 56 Norwegian crowns (NOK) which is around recent highs. My stop loss is set beneath the trend line (see the chart) and beneath recent support at 48 NOK.
Long term I believe that the Storebrand will trade higher, perhaps reach 60 NOK in 2020. However, the path there is not very likely without retracement. I will use retracements as buying opportunities provided that the overall trade fundamentals remain intact throughout 2020.
Suppressed salmon prices to force MOWI ASA to 165 NOK?MOWI ASA (MOWI) is the world's largest producer of Atlantic salmon with operations in Canada, Chile and Europe. Being a salmon producer, the company is highly sensitive to the price of salmon. The price of salmon has been decreasing in 2020 and now trades at circa 5.15 euros per kilogram of salmon. The suppressed salmon price should affect revenues negatively which, short term, could press the stock price down further.
Trend, stop loss and price target
I believe a trend has formed from the June high 2020 to present date. If this belief is accurate, the trend line should act as a good place for a stop loss at 179.50 Norwegian crowns (NOK).
In the same spirit, I set my price target at the July lows of 165.15 NOK.
Risks
Increase in salmon price (for example due to speculation) while MOWIs sales remains high.
Decreased global salmon production while MOWIs production remains high.
Increased demand of salmon, for example due to markets opening up for MOWI.
Opportunities
Decrease in salmon price.
Decreased production, for example due to disruption in production.
Trade restrictions, for example due to virus outbreak.
Kitron $KIT.OL breaking up from multiyear uptrend after great Q2Kitron: Q2 2020 – Record performance
10.7.2020 12:46:05 CEST | GlobeNewswire
(Excerpt)
"
(2020-07-10) Kitron today reported strong growth and record profit for the second quarter driven by Defense/Aerospace, Medical devices and Industry sectors.
Kitron's revenue for the second quarter was NOK 1 041 million, an increase of 21 per cent compared to last year. Growth adjusted for currency effects was 11 per cent.
Profitability expressed as EBIT margin was 8.5 per cent in the second quarter, compared to 6.6 per cent in the same quarter last year.
The order backlog ended at NOK 2 102 million, an increase of 45 per cent compared to last year.
"
DNB THIS WEEK ! Keep It in The portfolio or Buy More
DNB will raise This Week , And After Crossing The Green Line I Advais you to double your investment
YARA THIS WEEK ! IT Will Continue to rise this week
keep it in the portfolio or buy now
NoT Selling now
364 Is The target This Week
334 Is The stoop loss This Week
Nikola Partner NEL Hydrogen roaring to new ATHNEL Hydrogen with bank accounts flush after several equity offerings near earlier highs looks set to take part both in the European Hydrogen Economy initiative, as well as an important infrastructure partner of NIKOLA
Do you dare to buy at these levels?
