TNP update back on June 24th, 2021. TNP was and still is the last Value stock that I could find. While it sucked the life out of me waiting, all I kept thinking and doing is adding on the way down as it only became more and more and more of a value stock. Couple that with the nice chart setup and it was a no-brainer. Now we are finally seeing the breakout which...
This is an example of a stock that has broken through its upper trend line
$ATDC up and down sling shot watch. You will see the downfall tomorrow but monday open on this one. It is going to rally hard! Montdigital.com
If you're going to invest in $ATDC you will want to see the wedge effect which will drop a little tomorrow and sling shot out to high volume and small float.
Truly this is the last stock that i could find that has not yet made the move it should. Though I featured it back on March 15th it has yet to make a move. But it's only a matter of time before it does. On the verge of a breakout from small channe.
TSAKOS ENERGY NAVIGATION owns 64 oil tankers and is set to make a big move up. Shipping is a bottle neck industry and prices can get out of control quickly. With VALUE being the name of the game lately and shipping costs rising it is only a matter of time the long term downtrend starts to reverse and price starts to rise. with 33% of TNP fleet not locked into long...
Covid 19 has put blood on the streets of the oil tanker sector. There is RSI bullish divergence on the weekly time frame. Idea to take a longterm position here and sell cover calls outside the money 30-45 days out. If you get called out no big deal and great trade. If not collect income with the calls until your stock gets called. The more the calls are out...
A few symbols combined. Ready to pop up soon?
Contextual immersion trading strategy idea. Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. Due to the oil price lowering, the demand for oil tanker transport companies rose. Their clients use the tankers for oil storage. The demand for shares of the company looks higher than the...
TNP, Set buy stop order with other cancels other for target/stop, still learning. I believe it will continue its bullish uptrend for one more day or so before heading back down. Buy Order: 3.90 Target: 3.50 Stop: 4.10 Time Frame: April 2nd
A base has been forming since 2011, but the buyers currently have the upper hand after successfully breaking the long-term down trend ling. The bulls can maintain momentum by constraining prices within the small upward channel developing on the longer time frame. Consider a pullback to up trend line as an opportunity to buy with limited risk. Near term...