DHT - Precision Swing Long TradingView Idea: DHT (DHT Holdings) - Precision Swing Long (Perfect Technical Alignment + Value)
🎯 Ticker: DHT (NYSE)
📈 Type: Swing Long
⏰ Timeframe: Daily & 4H
📊 Technical Analysis:
Multi-Timeframe Trend: BULLISH Across All Timeframes (Daily, 4H, 1H) ✅
Technical Consensus: RARE "Triple Buy" Signal (Daily, 4H, 1H Recommendations)
Momentum: RSI (67.6) shows strong bullish momentum without being overbought
Pattern: Trading in a tight consolidation range, poised for a breakout above $13.70
💡 Trading Thesis:
DHT presents an exceptional technical setup combined with attractive valuation:
PERFECT TECHNICAL ALIGNMENT:
Uncommon "Triple Buy" signal across all major timeframes indicates unified bullish pressure.
Price is above all key moving averages, confirming the uptrend.
Consolidation near highs suggests accumulation before a potential breakout.
STRONG FUNDAMENTAL SUPPORT:
Undervalued: P/E ratio of ~11 is attractive for the sector.
Healthy Balance Sheet: Perfect 10/10 Debt Health Score with manageable leverage.
Stable Operations: Moderate earnings growth provides a solid foundation.
SECTOR TAILWINDS:
Tanker shipping rates showing resilience, providing a favorable backdrop.
⚡ Trading Plan:
🎯 Entry: $13.72 (Breakout above consolidation resistance)
🛑 Stop Loss: $12.50 (Below key support and the 50-day SMA)
💰 Profit Target: $16.14 (Measured move from consolidation pattern)
📊 Risk/Reward Ratio: 1:3.1 (Exceptional for a swing trade)
📉 Risk Management Notes:
Stop Loss is placed to protect against a false breakout and a shift in the daily trend.
Consider taking partial profits near $15.00 if momentum slows.
The excellent R/R ratio allows for a smaller position size to maintain strict risk control.
Only enter if the breakout above $13.70 is confirmed with volume.
Conclusion: DHT offers a high-probability, high-reward setup driven by a rare perfect technical alignment and supported by a value-oriented fundamental case. The 1:3.1 risk/reward ratio makes this a compelling swing trade opportunity.
Trade with discipline!
Disclaimer: This is not investment advice. Conduct your own research and manage risk according to your personal tolerance and strategy.
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