In the latest trading session, Frontline (FRO) closed at $20.39, marking a +0.99% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.63% for the day. Meanwhile, the Dow lost 0.51%, and the Nasdaq, a tech-heavy index, lost 0.63%. Shares of the shipping company have appreciated by 20.83% over the course of the past month,...
I am anticipating a trend reversal, and a begining of a new uptrend, as you can see from a weekyly chart, Cap and Handle was formed price broke out to above "handle" trend line.
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. REWARDS Trading at 48.2% below our estimate of its fair value Earnings grew by 488.8% over the past year RISK ANALYSIS Earnings are forecast to decline by an average of -49.5% per year for the next 3 years Debt is not well covered by operating...
A few symbols combined. Ready to pop up soon?
First off, please don't take anything I say seriously or as financial advice. As always this is on opinion basis. That being said, Frontline as an oil tanker transportation company was bearish recently given a decrease in the demand. The demand curve went down given the time period we are in, which means I am positive for a short threshold crossing that can lead...
I was wondering if anyone care to share an opinion on forecasting this one (Frontline, NOR, tankers) based on the basic info I have highlighted in the chart? I am very much in rookie territory, trying to learn from entering other and more experienced POVs. Any feedback much appreciated. Thanks!
www.thestreet.com www.thestreet.com Its time to go long once again folks, some signs of accumulation going on here. You can clearly see how the majority of the sheeps reading into CNBC are buying into their traps.
Posted this late... went in during premarket at 4.08 earlier. There's still lots of upside from this breakout...