Got to mention I'm new to Tech Analyzing. Please comment. Negative and positive feedback is appreciated. I think Nordic Nano is on a retracting downtrend until the support line around 56. Also period with no news, loosing short-term investors. Head shoulder pattern leads the shortterm downtrend. Grey rectangle is refill area(from the fibbonacci). I'm long this...
Market normally goes into backwardation in FFAs after new years and shipping volumes falls when refineries go into maintenance and cut their crude processing demand. This year, in particular, it should fall even more given the cuts being implemented as per media in the last couple of days. A hot tip to follow the fixtures done is to download VLCC Fixtures (iPhone)...
Subsea 7 has a big short position by various high-end funds in the SSR registry with the financial authorities of Norway. Technicals look promising having finished a big w-formation while hitting the top in its current channel. Short term double top, with a break of trend seem to chart the course for 100NOK target where first solid resistance come into play. The...
Did prosafe hit the bottom ? high volume is on the rise, and daily MA is positive, not sure about the fundamental though.. wait and see
It seems like this section look at a bit brighter future with rates going up. I especially see a potential in BWLPG. Target around 50 to 52, stoploss set at 26.
Low volume going down. High volume on the ups. This is true for a long time now. Sideways movement. Positive on fractals also. Please comment.
I think it should be self explanatory... Expected a short squeeze already in Sep/Oct, but it seems to start now. Regular Target: 3.70 Region. On Short Squeeze: above 7.50
To those of you who trade on Oslo Stocks Market, here is a Cypher Pattern formation presenting itself. It looks like D completion will be at previous area of resistance. CHXEUR:FOEO
Jumped twice this past week, now avaible in Canada, might have another jump to the - 3.50 area.
This is my first time tech analyzing a chart. I think it will keep decreasing to 279, then it will go up again.
Unless it breaks through it's upper line within the next week
It's self-explanatory
DNB is trading in the bottom of a nice trading range. Potential for a low risk high reward long trade if price opens in the same area it closed on Friday. Stop-loss level just below support line.