$NAT Sets Up for Potential Breakout as Oil Trades NegativeNAT shares are set to confront critical $5/share resistance as the stock pops on the need to move oil out of Cushing with nowhere to put it. Major firms are now looking for this to repeat at June WTI contract expirations.by GregFolin7
Nordic American Tankers long ideaanother idea from one of the forums. timestamp for future reference. Nordic American Tankers - a company providing transport services with the use of tankers in the Suez Strait. Very cyclical, but it seems that the bad period is behind the industry because prices have risen significantly in the last quarter. In the fourth quarter $ 34k per day and in the third it was $ 16k. Will it continue, we will see. But every turmoil in a hot region raises prices. It also appears that, according to the well-known mining stocks scheme, over the years the low prices companies have reduced orders for new tankers and now demand is outstripping supply P / B 0.88.Longby Halbu3
$NAT Alert set for breakout in Nordic American TankersNordic American Tankers Ltd. is an international tanker company, which engages in owning and operating of Suezmax crude oil tankers. The company was founded by Herbjørn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.by DEXWireNews1115
Nordic American Tankers aiming for the cloudsNAT just had a pullback from its recent breakout with massive volume. It broke through the 30 week MA with the volume, since the whipsaws on the MA began in FEB of 2018. The MACD is centered out with a recent bullish signal. The RSI is also centered out and it's crossed over on the average and started bouncing on the average. Trade this on the daily and sell it once the RSI is capped out. If i had to guess, the swing will be 5-8$, watch the rsi for the exit signal.Longby eneakume4
$NAT Picking Up Steam But Can It Go The DistanceI try not to be negative on these stocks but you can't ignore historic levels. Right now, NAT is back in the "gap zone" from back in 2017. Every time shares entered this "Bermuda gap," the gains have continued to disappear. Will it be different this time around? " NAT has been benefiting from the rise in most tanker stocks recently. The company has been benefiting from a strong year in 2019 compared to its 2018 year.For instance, its time charter equivalent in the first half of 2018 was $10,850/day. The first half of this year showed $20,414 per day per ship. The company also stated that “there are several indicators that the tanker market is going up. The most obvious can be seen in the {…} year-on-year numbers. ” * ABOUT NAT: Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It currently operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has identified only one operating segment. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand. It competes for charters on the basis of price, vessel location, size, age and condition of the vessel, as well as on its reputation as an operator. * Quote Source: 2 Penny Stocks Hit New 2019 Highs This Week; Can They Move Higher? by PennyStocks1014
$NAT Possible Pullback$NAT 4hr timeframe / Price is pushing up on previous support now possible resistance not to mention we are at a peak area of interest when reversals in price action tend to happen.by BlackBoxLeo4
NAT - Weekly 34 x 500 Hull Test Ahead - Could Rocket if PassesNAT - Weekly 34 x 500 Hull Test Ahead - Could Rocket if PassesLongby brschultzSP500113
Could Middle East Tensions Sky Rocket Ocean Freight Margins???Quarterly model likes NAT hereLongby brschultzSP5001
Nat gainsinteresting pattern here, a reversal may be imminent here. Hammer has been formed, breakout past the 20 SMA and confirm the uptrend and then it could be a solid path from there on out. uc.Longby Thisguy220
NAT POSITIONED TO MOVE QUICKLYNAT has been hammered for a while now as market pressures, tariffs, cash flow struggles, and continuous cuts to Dividends. I do believe that this stock will bounce back up 30% increase with-in the next 3 months. This is a great stock for a beginning investor and more importantly low risk as the stock will struggle to move back to the 52 week low. I am a big believer in this company both fundamentally and given technicals. The majority of the fleet is dry shipping and not oil as oil is getting hammered and NAT is signing more trade deals. BUY NAT NOW SELL AT ONCE IT PASSES THE 1/4 OR 3.50-$4.00 MARK. GREAT TRADE FOR LOW RISK AND BEGINNER. Longby PolarBearforecaster4
Nordic american tankers Ready to pop upit turned out to notice the trend channel, which leads to the closing of the gap. There is a possibility that the company will return the trust of investors. But it will be very gradual.. I wish the company success!Longby 111PC111TRADE2
NAT rounded bottom TP 3.5more than doulbe of avg volume on friday, had EOD squeeze broke downtrendline, i see reversal has started we might go straight to 3.5 withouht any correction waveLongby meitshels_smell_trades1
LOngNAT is now popping up on oversold searches. It has GApped down and is back inside the Bollinger bands. Looking at the Elder bulls, the bears are loosing power and the trending is looking up. The RSI is 20.33= way oversold since most traders look for under 30. The stock is going to be intersecting its EAM9 soon. Im bullish, how about you?Longby Brotank771
NAT Long - Island Reversal I think we are about to see a rebound of NAT in 2018. A gap up in a month will be a strong indication to buy.Longby SandyCooke2
NAT - Nordic American TankerLong term trade - in my IRA. Will dollar cost average in over the next few weeks as we see what plays out. Good support line for NAT to reverse (2nd tag and testing). RSI and MACD cross looking similar to previous reversals. Dividend near the magic 10% point and insider buying. Need volume to come up - maybe Friday's NFP will be the catalyst. If going straight up, may pause as passing through various moving averages. Will be hard to break through the down trend from recent highs around $14.50 to $15 if you don't want to think really long term. If breaks below 9.94, will dollar cost average in to historic low around $7.Longby bertcoinUpdated 226
NAT long term breakoutNordic American Tankers would be another good long term buy and hold. The price is crossing above all moving averages and the waves are nearly all above 0. In this case I tuned off C1 since it was below zero and just am concentrating on waves C2 through A. Good charts to trade don't need all the waves across 0, just the ones that currently are agreeing with the trade direction. If the ones that agree with you then change, it's the signal that the trade should be revised or closed. Note that the waves are above zero and also rising, with the confluence of moving averages (they are all nearly in the same area) acting as a strong support zone. Understanding the wave indicator in this fashion shows that all the market participants that are bearish and those that are bullish are both correct. There seems to be a focus more on a contest between them, rather than their timing where both types ultimately make a profit. As long as each group adheres to their respective trading plans, they both benefit and actually help each other indirectly even though their perspectives are opposites.Longby trademan10