GOGL is consolidating inside the daily cloud, after breaking into it upwards.
The key now is the downward long term trendline (blue), it's eyeing this one at the moment.
If this breaks and retests, it's a buy from me for GOGL!
HUNT is getting squeezed between the strong support and the 50MA that's sloping down.
Again, we are talking about a stock that has a big thumbs up from a fundamental perspective, which gives me a bullish bias.
Very short and simple, I think once it breaks the 50MA it will start a run up into the cloud and further upwards.
So this break will present a good buying...
- Low cost airline company that offer nice and comfortable, cheap flights to (especially) Europe and Worldwide destinations.
- Adapting Bitcoin as accepted payment from August.
- One of two major airlines in Norway.
- Been taking a substantial beating during the Coronavirus crisis, risking bankruptcy.
- Change of management last year....
SNI is nearing the end of it's triangle, so now let's see which way it will break.
Recently it seems to be forming support on the purple support area, but we simply need to wait for a break out above (or below) the triangle.
FRO found some strong support on it's long term upward trendline (brown) and fundamentals are strong for this company.
Furthermore started forming an uptrend already (blue lines). However seems to have broken the steepest trendline and retesting it now.
So expecting a retrace at the moment. This will present a good buying opportunity.
There is good support at...
A little while ago I expected NOD to make a correction already, but it kept steaming on upwards!
Target for this one according to fundamentals is around NOK 130,-
However, the big problem with these runs is to find a good buying opportunity, especially if the price is at an all time high, so you don't have previous supports/resistances to work with.
So all I can...
Kjøpte nå på 0,922 som er nærme forrige bunnivå fra des 2008. Den har stort volum på vei ned så har ikke så store troen på at den holder, men har en ganske god oppside hvis den snur. Brukt Fibonacci for å se på de store nivåene så:
PTxx: OSV nivåene på FIB
Stoploss på 0.878
Come monday and the smart money is out. Get two shares per one you own in AKSO. One of the most traded stocks on OSEBX last couple of days, and for what? Too much risk involved for too little reward, especially if stock was bought recently. I am short. Again, not advice, just my personal view. Good Luck!