Brokers Clarksons Platou covers Bonheur (17 Des), and sets objective at NOK 285.
I have suggested both average support and resistance levels in red and blue, and the green upwards trend is self explaining. Holding medium sized position waiting for the (presumptive) January effect.
If the objective is sound and realistic, there should still be plenty time to get aboard.
Another attempt to identify the development for the stock in which I hold my largest position. This multi disciplinary "national treasure" company, with very long lines back to the original Fred. Olsen-company, is ideal for me to practice on. It´s stable development trends is very forgiving for the rookie eye to experiment with.
Now, a possible horizontal movement...
As an amateur I am using this long traditions "national treasure" multi disciplinary company as an easily accessible stock for practicing eye on patterns. I hold my largest position in this stock. It is traditionally stable, with relatively clear patterns. Now, a possible horizontal trend under development after a long and steady climb. Tradingview´s barometer is...
- MACD crossing positive
- RSI climbing
- Price break through old resistance at 91,75
- Following SMA50 tight
First resistance is 100. Should this break, there is not a cloud in sight until 140. Huge upside on this one.
Average traded volume is on the low side, making it more risky in regards to getting out at will.
- Leaning on SMA50
- RSI making higher lows
- Positive MACD crossover
- Price break through resistance og 91,75
First resistance is 100. Should this break, the road is open until 150. Huge upside on this one, and it is steaming along just fine.
I'm going in!
