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Christian-Georgi
Nov 30, 2019 9:50 AM

NEL ASA (Part of my hydrogen portfolio) Long

NEL ASAEURONEXTOSE

Description

Definitely a long term investment for every portfolio size.
Fundamental:

The Company delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel ASA serves industries, energy and gas companies with hydrogen technology. The Company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing fuel cell electric vehicles with the same fueling and long range as conventional vehicles.

They working on a new processing technology which will reduce the manufacturing costs drastically.

It is just a matter of time that big car companies will produce hydrogen vehicles in mass. NEL ASA provides the hydrogen technique.

Financial Q3 showed a revenue rise.
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Technical:

Upward trend.
Bollinger Band: Long
Sochastic RSI: Long
Moving Average(100):Long
Comments
likart
Hey i´m not an expert ! But doesn´t the stochcastic show short? And weak volume
Christian-Georgi
@likart, I personally take technical analysis not that seriousfor long term investments. I think it is more important to be aware of the companies structure, financial overview etc. It is more a value Investment.
Pls don't get me wrong there. I am a fan of swing/day trading but i need something to store my money fory busy days. :)
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