I'll make this short. If you are looking at this Co. you know the story. It is at One EURO per piece now. If it just technically bounce back to 1.80, it is 80% profit. Stop Loss at 1 EURO. PS. are Scandinavians travelling summer 2021? Actually this is not important. BUT can we hold it till 2022? Or sell it at 2 euro?
The High Court of Ireland and Oslo Byfogdembete approved the Norwegian Air Shuttle proposed scheme of arrangement to exit the bankruptcy protection in Ireland and Norway. source: www.aerotime.aero
Trade update. Target is refined and around 52 (52.14) is looking to be a probable target for a reversal. Let's see what happens. Just did some EW calculations just for fun. Looks like an ending diagonal within an ending diagonal. I would still advise buying the breakout and not the low. The breakout is also refined and I would wait for a break of at least 70...
NAS is performing to a T. Such a beautiful chart. 1. EW rules align perfectly 2. Price action rules align perfectly 3.Fibonacci align perfectly I'm expecting this stock to explode with a vengeance. However, we should first expect a lower low. Ideally to around 49-45. Once again I don't recommend buying the dip. It's to greedy and you will risk too much if the...
My guess would be that we're seeing a back test of broken trend, where previous bottoms will act as support for rise higher.
I think in short term will drop around 55/45 dolars wich will be a good entry point for long term! After E or from E I expect to drop and to have a good ocasion to buy! A good stock with a huge potential for next 2/4 month! Buy zone 55/45! Strong suport at 50! Average price 61! Next 2/3 month price target 90+! This its not a finacial advice, its just my...
We will wait and see what will happen , if this pattern works there is a good trade chance.
This is why I like to do technical analysis. One of the best opportunity to pocket huge money......Lets wait and see
Hello you all As you know Norwegian Air Shuttle is a company which is heavely affected by the actual pandemic. So why could the stock have a huge potential in the near/medium term future? - Chinese government invested via BOC Aviation into Norwegian - cash burn reduced to <300 million NOK per month - current stock price 99.72% under all time high Norwegian...
"The time to buy is when there's blood in the streets." - Baron Rothschild So if you are looking for said blood the Norwegian Air shuttle (NAS) might be worth a serious look. Background: Biggest airline company in Scandinavia. One of the biggest in the world (I believe Top 6). It's based in Norway. Norway is a rich country. "Oil rich". Like many other airline...
humm only been down a year or so and 4-5 years ago was doing $148 - $220 a share till just this year. Fallen Angel?
Norwegian Air has burned through all its bailout money and is now headed into bankruptcy by Q1 2021. The execs are just going through the motions to provide themselves with exit payments before filing for bankruptcy in early 2021. NAS stock has no future as the company is up to its eyeballs in debt and a second wave of virus is on its way. A sad goodbye to a...
Norwegian Air senior execs are now desperately pleading for additional funding to make it through the winter. Its not looking good. Sounds very much like the last gasps for air before bankruptcy proceedings start. Competitor SAS has been bailed out by Denmark and Sweden, but Norwegian Air has already burned through its bailout from Norway. All the healthier...
I'm betting on a 5 % bounce today.
Despite the huge volumes, we have observed forces pushing the market down. Here the technical analysis is just a confirmation of what obviously happen in the real world, no bias. The market has responded to the volumes multiple pushes with clear candle sticks announcing that the probability to see the price going down is very high and won't stop yet. The...