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New Years Rocket: NYKODE. 20% upside short-term. Nykode Therapeutics ASA, a clinical-stage biopharmaceutical company based in Oslo, Norway, specializes in developing novel immunotherapies, including vaccines for cancer and infectious diseases. Its leading product candidates are VB10.NEO, a cancer neoantigen vaccine in Phase I/IIa trials for various cancers, and VB10.16, a therapeutic vaccine in Phase II trials for HPV16-induced malignancies such as cervical cancer. Norne Securities identified Nykode Therapeutics as a potential "New Year's rocket" for early 2025, noting that the company's market value is currently below its cash holdings. This suggests that the market may be undervaluing the company's technology and future prospects.
OSL:NYKDLong
by vegardframstad
Scatec ASA to print 300% extension?On the above 3 week chart price action has corrected 85% since early 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. 3) Trend reversal. Higher highs have now replaced lower highs. 4) Support on past resistance. 5) The falling wedge pattern has now confirmed, 350% forecast from current levels. Is it possible price action continues with the correction? Sure. Is it probable? No. Ww Type: Investment Risk: You decide Stop loss: 63
OSL:SCATCLong
by without_worries
Norwegian Air Shuttle (NAS): Navigating Through VolatilityI've been tracking Norwegian Air Shuttle (NAS) closely, and while it’s been a rocky ride for investors, there's always a sense of unpredictability with this stock. If you look at the big picture, Norwegian has been navigating through tough waters, but the company still holds potential for massive moves. Looking at the chart: We’ve seen a major drop over the last few years from the 18NOK region all the way down to 9.8 NOK. That’s brutal. Recently, we’ve bounced back and are now around the 11 NOK level. While this feels like a bounce, the overall trend remains unclear, so caution is key. There’s a lot of pressure around the 50 NOK resistance line, and we’ve got potential targets higher up at 100 NOK, 250 NOK, and even 500 NOK in a very bullish scenario. But we need to stay realistic about these targets. What’s Next? With MACD showing some signs of reversal and volume kicking back up, we might see a push back toward 20 NOK if momentum builds up. But let’s not forget, there’s still heavy resistance above us, and the stock might retest the lower regions before confirming any further bullish momentum. The support around 10 NOK is key right now, and breaking below it could lead to a further drop, possibly testing new lows. If we manage to hold, NAS might surprise us all with a significant rally. As always, do your own research and manage your risks properly. Volatility is high, and while the potential upside is tempting, this stock is not for the faint of heart. A break above 50 NOK would be huge, but for now, let’s keep our eyes on how it behaves around 15-20 NOK. Not financial advice, just my thoughts. Good luck out there, and happy trading!
OSL:NASLong
by Diamond-hunter
2
70% increase for GREIG seafood incomingGRIEG came out with a report showing that they did not earn money last year, and they fell down from 60 Norwegian crones to 47 norwegian crones printing a possible Phase B bottom in a wyckoff. We also saw some good buy volum, RSI turning to the upside on the Weekly, and we also have a bullish divergence on the daily this week. That enough for me, Im trading this range, and bought some coins. Bought at 50, Target at 70-90 NOK 60-70% profits, lets go...
OSL:GSFLong
by sivertbb
NAS ASA Q2 2024 Financial Report: Strong Performance and outlookSupport at 10NOK and 50% Fibonacci bounce, might be a bullish year! Norwegian Air Shuttle ASA (NAS) has released its second-quarter financial report for 2024, showcasing impressive growth and strong operational performance. As a result, the stock has surged by 6% today. Here’s a detailed look at the key highlights and the forecast moving forward. Q2 2024 Financial Highlights - Quarterly Profit Before Tax (EBT): NOK 477 million - Operating Profit (EBIT): NOK 593 million - Operating Margin: 6.3% - Passenger Growth: Norwegian saw a 12% increase, while Widerøe reported a 14% growth. - Improved Cost Performance: Unit cost excluding fuel decreased by 2% for Norwegian. - Strong Cash Flow: Net interest-bearing debt (NIBD) reduced by NOK 1.4 billion, improving liquidity to NOK 11.5 billion at the end of the quarter. - Fleet Expansion: The Norwegian fleet included 86 aircraft, with 22 being the latest technology 737 MAX 8 aircraft. The Widerøe fleet comprised 49 aircraft. Operational Performance - Passenger Numbers: - Norwegian: 6.3 million passengers, an increase of 680,000 from the same period last year. - Widerøe: 1.0 million passengers, an increase of 122,000. - Load Factors: - Norwegian: 82.4%, down two percentage points from last year. - Widerøe: 70.2%, an improvement of five percentage points. - Punctuality and Regularity: - Norwegian: 80.8% punctuality, 99.2% regularity. - Widerøe: 91.4% punctuality, 96.9% regularity. - Loyalty Partnership: - In May, Norwegian and Strawberry announced a structure for the world’s first multi-partner rewards points ecosystem, targeting a market launch in the second half of 2024. This will allow the 10-million-member strong loyalty programmes to earn and use a shared loyalty currency across participating programmes and partners. New Routes - Norwegian launched 27 new routes for the winter program, including destinations such as Dubai, Agadir, and Hurghada, as well as routes from European cities to popular winter holiday spots like Tromsø and Evenes. Future Outlook - Capacity and Fleet Growth: - Norwegian is expected to increase overall production by approximately 12% in 2024 compared to the previous year. - Growth is projected to slow in the upcoming year due to aircraft delivery delays from Boeing. - By the summer of 2025, the Norwegian fleet is forecasted to increase to over 90 aircraft. - Strategic Partnerships and Stability: - Norwegian reached new collective bargaining agreements (CBAs) with the majority of its pilots, cabin crew, and technicians, ensuring operational stability during the peak summer travel season. - The acquisition of Widerøe and the integration of complementary route networks position Norwegian to remain a preferred travel partner throughout the Nordics. - Market Position: - Norwegian and Widerøe’s strong operational performance and expanding route networks are expected to drive continued growth. - The loyalty programme partnership with Strawberry will enhance customer retention and engagement. Stock Performance - As of today, NAS stock has increased by 6%, reflecting investor confidence in the company’s robust financial performance and positive outlook. Conclusion Norwegian Air Shuttle ASA's Q2 2024 report highlights a period of significant growth and strategic advancements. With a solid financial foundation, expanding fleet, and innovative partnerships, Norwegian is well-positioned for continued success in the coming years. Investors and stakeholders can look forward to further growth and stability as Norwegian navigates the dynamic aviation landscape. Do your own research and happy trading!
OSL:NASLong
by Diamond-hunter
2
EMGS was 1000x higher than today - Asc Tri breakout ?Nordic markets in relative strength bullish break out This stock was hit down so much - not suggesting it will ever go back up 1000% however the bullish argument that lots of sellers and buyers in this stock I can see it recovering somewhat because its price is being supported by a bullish trend line which graphically shows someone is buying this stock every time it comes back to the trend line It has made an ascending triangle about to break out Its very rare to see a stock that once traded 2500---2700 now at 2.66 what a loss of money for so many people sorry but an amazing opportunity for a new buyer. 1000 x difference in price! Even if this is a dead cat bounce - so what it should move up a bit proportionally if it recovers only a few % of it s 1000% fall then it will deliver nicely Not financial advice only for educational purposes
OSL:EMGSLong
by William_Playfair
NAS 250% to 50NOK - Path to 360NOKAs some of you know I have been bullish on Norwegian Air Shuttle quite for a while. I really like the stock. They bought 50 airplanes past year and are doing more passengers every year. It's weird t me the stock is trading low. - This is not financial advice, it's my thoughts on NAS!. Congrats to investors who got on board at 7 NOK. 100% returns in stock market ar no rookie numbers. As my previous publication there was a strong support at 14 NOK which has been broken with a lot of momentum. The price traded as high as Feb 21 - 18.20NOK, and Apr 8 - 18.30NOK and formed a double top and we ar probably retesting the 14NOK for support and confirmation of bullish trend. We just entered an enormous zone of indecision in price. Price have been very volatile between 15 and 50 with some stability at 25 NOK in Q1 2021. With RSI oversold and MACD reversing after a strong correction past weeks, there are possibilities we are going to bull and retest 50NOK resistance. Especially with shorts under pressure and swabs/puts contract that eventually expire, I think we will look for new heights. Bigger timeframe still bullish after recent higher high. Let's see if higher low occurs and breaks us through 18.30NOK and look for the new resistance. Always manage your risk. Stock can keep cooling down and look for as low as 9NOK, maybe form new bigger diamond before continuation. Do you own research. Happy trading!
OSL:NASLong
by Diamond-hunter
8
NAS 100% to 15NOK - Path to 50NOKWelcome to a concise chart analysis of NAS (Norwegian Air Shuttle). I'll provide a straightforward overview. NAS is showing intriguing potential. The NAS chart features a diamond bottom pattern. The crucial point is the robust support at 7.5 - 8 NOK, indicating a stable floor. The Exponential MACD displays a zig-zag pattern, signaling NAS's alternating bullish and bearish momentum. Currently, it's on the verge of a potential upward shift. Breaking the 15NOK resistance level can turn into substantial support once surpassed. Once we break 14-15 NOK, the path to 50NOK becomes a real possibility. Do you own research. Happy trading!
OSL:NASLong
by Diamond-hunter