I was wondering if anyone care to share an opinion on forecasting this one (Frontline, NOR, tankers) based on the basic info I have highlighted in the chart?
I am very much in rookie territory, trying to learn from entering other and more experienced POVs. Any feedback much appreciated. Thanks!
Entry level $9.25
Price target $11.50 20% potential gains.
Stop loss $9.25
Average analysts price target $10.70
Average analysts recommendation BUY
Short interest 4.57%
P/E ratio 23.25
Company profile
Frontline 2012 Ltd. is a commodity shipping company, which engages in the ownership and operation of tankers. It serves crude oil,...
Shipping of crude oil during trade uncertainty increases because supply routes increase therefore rent times increase. Rail data continues to weaken without a meaningful reaction from stock prices.
Hello ,
This is my first time doing a technical analysis like this so please , any constructive criticism or feedback would be great. after a less than savory earnings report I think that Fro could be heading for a trend reversal over the next few day's / weeks . though I am unsure where i should start my short position I am fairly certain that this isnt just...
NYSE:FRO
NYSE:FRO
As you can see on the above chart have a bullish Divergence on the 4-Hour chart is a very strong bully signal I will not be taking a sizeable position due to the extreme amount of volatility in the current stock market I feel this will offer a decent hedge against some of my other.
Phenomenal risk/reward at these levels. Has finally completed an ending diagonal. Commonly in ending diagonals the price overshoots the trendline causing a throw-over due to excessive bearishness or bullishness. Also at long-term support of $5.90.
While the price could potentially fall as low as $5.56, which is its lowest level since the stock has publicly traded...
FRO cycles fairly reliably on monthly and quarterly intervals. Has been on a slow consolidation since 10/2016 and oscillated on monthly intervals since then forming a bullish flag.
About to go up for a small profit with fairly low risk. Currently sitting on a support line. Expect a gap open on earnings and dividend news in mid Feb.
Also a possibility of a...
Well I don't really like to trade low priced stocks due to the ease of manipulation in them (Even if its NYSE listed). So this is a trade based simply on what "penny/OTC" traders know as the quote on quote "pump" . Good volume supports the breakout, so I entered long through options.
The position:
Bought +10 AUG 15 3.5 Calls
The trade:
Exiting at a loss if...
Frontline Ltd. is an international shipping company, which engages in the ownership and operation of oil and product tankers. It also offers the seaborne transportation of crude oil and oil products. The company was founded in 1985 and is headquartered in Hamilton, Bermuda.
FRO
