NRT Daily ButterflyCloser look at higher timeframe chart
Price has already moved and on track to close gap on chart,
Ideally this will drop to below the prior low with indicator divergence which would be a good place to buy for the larger move higher
Profit margin on this position would be better than the MGPI position posted today as well
NRT trade ideas
NRT NYSEOil and Gas Royalty trust
Multiple reasons to buy, but I will not be as my local broker does not enable purchases for this
Interesting chart with decent fundamentals
I do not know the rules around royalty trusts, or if you can trade these or purchase only and what the terms are on the lease agreements to extract oil and gas...
NRT- European Energy PlayNRT an oil trust stock, is up 75 % for the year despite global challenged market. It is in the middle of its trading range for the past 12 months.
Given the situation in Europe and lack of Russian oil in the free global oil market. I see this as a long-term swing play on energy with
upside heading into the European winter heating season. With the RSI between 40-50% this market is not oversold or bought.
How To: Find Oil and Gas Stocks on the MoveThis video is more about how to use the TradingView Screener to find stocks in industries you might be interested in investing in, and this example is just looking at Gas and Oil where a lot of the action is at the moment with possible shortages not only in Europe, but potentially all around the world if things continue the way they are.
Long, I mean LONG TERM, reversal?Is this one due for a reversal? It's bounced off all-time lows and still trades lower than the price in the 70's. PE is 6.15 here...https://finviz.com/quote.ashx?t=nrt No debt, no expenses. 2 employees, WTF? 10+% dividend. Oh,and insider buying is up 124%. I know I'm missing something, please tell me.