Description: DHT is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
1. Ideal buy range: $6 - $6.2
2. Take profit: $7.28
3. Stop Loss: $5.82
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 93%
A dip in momentum this last week but still held easily at its support line. This has headroom so I bought more today with a price target of $6.40 in a 5-7 week time frame. Solid channel up means this is a textbook swing trade. Goodluck! Not financial advice, just my find!
One Swing crossed SMA50 (1st) and SMA200 (2nd)
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Ive held DHT for years for the dividends.
May be adding some here. It's historically volatile and has major resistance at $6.14
It may be one to watch to pick up under $5 for a swing trade to make a few thousand dollars if you can buy enough shares.
It does have a golden cross on the horizon, but its not that convincing at this time.
A short analysis on DHT its chart, this should be enough information to give you a good snapshot of the current scenario's that could unfold. Currently Neutral.
I was screaning stocks to buy - currently not holding any positions.
DHT has shown bullish diverging RSI on the weekly time frame since February 2020. The chart also looks like an inverse head and shoulders with the current price forming the shoulder. If oil remains elevated and RSI breaks upwards DHT may move up as well. I think I'm going to buy a few shares to speculate.
I know my dividend plays may seem boring - but please read on!
Who said that value is dead? If you want risk exposure to energy - this is the place to have at it.
Incredible Value here - P/E 3.49
P/FCF 3.8 (Great cash flow)
Debt/Eq 0.69 (Moderate & largely LT debt)
Sales PAst 5Y +28%
Sales Q/Q +131%
On the fundamental side:
- Mgmt reaffirmed dividend of $1.4/sh, ~22% yield. DHT has been consistent with its dividend for 42 consecutive quarters.
- DHT is rather insulated from most economic downturn. One key assumption we have is that we will not see another pandemic quarantine lockdown on the scale of what we saw in March/April. Other than that, DHT actually...
DHT Holdings, Inc. engages in the operation of a fleet of crude oil tankers. It operates through its integrated management companies in Monaco, Singapore, and Oslo, Norway. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.