As I had predicted based on the Stochastics on Sunday, DHT had been fairly overbought (above 80). We are currently moving into a more middle ground going into the earnings. Look to DCD or buy in somewhere here. Yes there are certainly things that have stepped in additionally, with the oil news surplus (Meanwhile, the build-up in inventories was less than...
DHT lacking volume right now. 7.63 is a support level, but a break below here could mean a slide further. Hope we rebound up back above 8 today.. Still think this is a longer term play with good upside. Earnings report 12 days from now.. IF it slides lower i will be adding to my positions
I think DHT is a longer term play here. If you are looking to scalp in the short term you might be disappointed.. In quite a few September call options right now that i feel good about still..
I think DHT is really gearing up to pop in the next couple of weeks. Earnings on the horizon, with a forecast that i think should get people excited. I am guessing DHT pulls back towards the Mid 7s this week. i dont think this gap up over the weekend is the catalyst we are looking for. Holding all my positions right now. Call Options expiring in the Fall....
If you are to look at this chart, it will show you the volume, stochastic, RSI, and commodity. All indicators point to us continue to trip down as the D line is still above 80 (overbought). We might say low 7's this week. This downturn will bring the D-line into middle territory (50's) until the earnings, which will be posting approximately on May 13th. ...
Market seems primed for DHT with space to store OIL running out. Tanker business should be good for the future here. Looking at a correction phase in the next week or so which should begin to build back up as we get closer to earnings. Staying in my Call options here expiring end of Fall.
I don't know if wave theory really even works but It helps me organize my thoughts. DHT and tanker companies are in a really good position with the oil collapse, but if the S&P collapses any further it could drag down everything with it. Projected EPS is around 50 cents for q2 2020, a %330 percent increase from q2 2019, at 19 cents, and reports come out may 13th. ...
DHT Holdings looks strong right now as search for tankers to store oil grows by the day.. Bought Call options for the fall at fair pricing yesterday. Should be in good shape here with the economic climate we are in..
Possible breakout from very well formed base. Bullish sector as shippers become storage facilities at high premiums PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL
After the oil collapse and them paying for people to store it is bullish for these companies... After a long basing period on DHT Holdings i think this could break out and we see a huge run on the upside! Happy trading dudes!
Meaningful data is hard to find, but in all reality, there are some really good short-term opportunities here. With the first price war concluded between Russia and OPEC, we are seeing that the cutbacks inevitably were not enough. The timeline was as follows: 2.4.2020 - Trump speaks to a "deal that he has brokered between Russia and OPEC for cuts of between...
these 4 tanker companies were strongly correlated during the past year
If we get above the top id look for a pull back to long it!
With oil prices crazy low ($20 a barrel for crude) and the pumps running at full capacity, someone's gonna have to store it. Thank you shipping companies. Wonder if this doubles within the next year or two.
Contextual immersion trading strategy idea. DHT Holdings has a strong upward trend. The company provides shipping of oil. Due to the oil prices had fallen, the demand for their services rose. This and other conditions can cause a rise in the share price in the next days. So, I suppose the $DHT price will be rising in the next days. So I opened a long position...
DHT is heavily overbought, divergent high, and will likely continue decline with the rest of the market.