MOWI seems to be in a downtrend, if support level breaks, we may see a fall to the bottom of the channel with a stop at next support level.
Charted above is the ratio of the largest salmon farming company in the world, Marine Harvest or Mowi ASA, and the Nasdaq 100. I've been making multiple different comparisons with this sector and the broader stock market to try and figure out of the Norwegian salmon farming industry is being effected by the rotation of money that's occurring at the moment. What do...
Norwegian salmon farming is going to crush it this next year. Underinvestment (because of confused investors) and increased demand are set to drive up the value of mass producer salmon facilities in the 2020s. The gmo salmon farming companies in Norway are outperforming as commodity plays, while organic salmon farming and aquaculture biotech appear to be bouncing...
CHANNEL BREAKOUT AND BULL FLAG. 20% gain in next month or so. I case you dont know salmon consuption always goes in winter holidays!!! This will be the third time it tries to breakout and probably the timing is perfect.
I believe this is a pretty strong / secure analysis. Reasons: - Chart is leading up to a breakout. - Positive fundamentals lately such as positive financials Q3, positive salmon news and recent large investments. - Recent breakout of negative trend.
MOWI ASA (MOWI) is the world's largest producer of Atlantic salmon with operations in Canada, Chile and Europe. Being a salmon producer, the company is highly sensitive to the price of salmon. The price of salmon has been decreasing in 2020 and now trades at circa 5.15 euros per kilogram of salmon. The suppressed salmon price should affect revenues negatively...
Et stort bearflagg har utviklet seg. Kurspotensiale omkring 120.
Har falt godt igjennom trend, og flere støttenivåer. For ikke å snakke om problemene som kommer når de ikke lengre får fraktet fisk, og etterspørselen synker pga korona
Mowi short. With the NOK rising theyre earnings is going to drop