Norwegian is strong buy! for OSL:NAS by kullervo88

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Support and Resistance Fundamental Analysis

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Price touched the 2004 bottom. There is bullish divergence on daily chart . My TA says this company has now bottomed out.

I believe in this company, they offer good quality and cheap flights. They are planning to adopt bitcoin as a means of payment.

Strong buy!

Comments

Strong buy?:D They are few weeks to bankrupcy dawg.

MatejStancik

@MatejStancik, Thanks for your comment. I don't think so. Covid-19 is soon over, and people want to fly again. Buy this profitable airline when others are fearful ;)

TA flies out the window in times like these (no pun intended).
Emission etc. Kind of agree on the TA, but like I said it´s kind of meaningless to try and catch a falling knife in certain time periods.
Hope you are right, and that the long term will be great :)

haha STONG buy! DONT LISTEN HERE.. its going down to 1 NOK KR or less

Aged like milk!

Nice chart, might put some amount around 0,4usd. Hopefully NOR government will step in. Sad to see if this is the last year for Norwegian