I dont know about this one....but I rather be in and wrong, than out and wrong. How about a starter pack and take it from there...Longby MB190SL7
I dont know about this one.....but I much rather be in and wrong, than out and wrong. How about a starter pack and take it from there...Longby MB190SL113
Close to an other resistance line!! Close yo an other resistance line!! This will go up or down. by bibi44x1
Frontline finding support? Potential target of 100.Another interesting one. Fundamental analyses puts the target for this stock at around 98. So plenty of potential! So FRO seems to have found support, for now. Confluence of a horizontal longer term support and the bottom of the weekly cloud (@75.99 currently). When does FRO become a buy for me? - Has to break the blue trendline. - Not break down out of the weekly cloud, so stay above 75.99. Now looking at the target. - The highest point of the weekly cloud is 96.50. - The FA target is 98. - There is a gap at 100.50. So somewhere between 96.50 and 100.50 I would say.by duco1115
FRO just broke wedge it is a GIANT BUYThis thing was beaten down for the options market and is a can about to explode. PE is less than 10 and after earning could be near 5-7 a this current price. The manipulation is extreme and should break out in the near future. A giant buy in my opinion.Longby mycoinmoonUpdated 229
SELL FRONTLINE That Will Go DownHey traders, sale on FRONTLINE is going to try to go up, but without force it risks to fall down strongly. take your profit! Please LIKE & FOLLOW, thank you!Shortby stephanelibatd446
Solid fundamentals for Frontline after being oversoldMany people thought that the tankers business would suffer, but it's the opposite that happened, because tankers not only deliver oil relatively to a global oil demand (that suffered for sure), but they also STORE. And this is not free. Companies like Frontline were payed to store the global surplus: www.seatrade-maritime.com www.cnbc.com On the other side, we have some encouraging data regarding the demand for tankers: www.seatrade-maritime.com All of this explains the big surge in volatility and volume these last months, and ups and down that were about 40%!Longby UnknownUnicorn4700255Updated 226
Growth Before EarningsEntry Price - 7.7 Take Profit1 - 7.85 +1.95% Take Profit2 - 7.95 +3.25% Take Profit3 - 8.02 +4.16% Stop Loss - 14.1 -1.56%Longby SerSega333
Morning StarNot financial advice: FRO is in a broadening opening wedge with a possible bottom at the drawn trend line. We see that in the previous lows there is 2 bottom touches or double bottoms in the RSI and price, as it is occurring now. It appears that if this holds, there is a possible reversal. GLTAby jbennyco225
$FRO can fall in the next daysContextual immersion trading strategy idea. Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. The oil price is growing. The demand for tankers for oil storage fell. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $8,11; stop-loss — $8,40. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Shortby KozakHlibUpdated 4
FRO LONGFRO seems to be oversold right now after moving down almost 40% from $12 on April 27. I liked the way it held the big psych level at 7.50 and is currently breaking out of the downtrend. Stop loss will be below 7.50. First target is to fill the gap towards the 9.10 Second target to fill the next gap around the golden pocket around 10.30-45 Also crossed on the MACD 1 hr. A lot of bullish sentiment here and like my entry below 7.50Longby CPscalps339
$FRO About to hit the Bullish WaveFirst off, please don't take anything I say seriously or as financial advice. As always this is on opinion basis. That being said, Frontline as an oil tanker transportation company was bearish recently given a decrease in the demand. The demand curve went down given the time period we are in, which means I am positive for a short threshold crossing that can lead to a bullish run. I think overall a long call potential can be there despite many of the sell ratings saying otherwise. You have to keep in mind the current resistance top is likely to drop as this is related to a problem its current market segmentation is facing.Longby gamer4561484
FRO - Frontline LTD almost BullishJust a little bit lower for me to buy. I'm already in, because this is a once in a lifetime tanker opportunity. Bullish on all tanker stock!Longby gijsraaf4
Frontline shipping MAKING BIG $$$$Company continues to benefit from the oversupply of oil , rather than shippers the are now storage facilities Frontline 2012 Ltd. is a commodity shipping company, which engages in the ownership and operation of tankers. It serves crude oil, petroleum product, drybulk, and liquefied petroleum gas markets. The company was founded on December 12, 2011 and is headquartered in Hamilton, Bermuda. PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR CONTENTLongby Bullishcharts42
Buy Oil Tankers as they benefit from the oil glutOil traders buy oil spot and sell it forward to take advantage of unsually large contango on the futures curve. 6 month forward on brent and wti sells at a premium exceeding 10$ a barrel. Shortage of land storage pushes oil traders to store oil on water using ships. There are only about 800 VLCS (Very Large Container Ships) and the daily rental price has sky-rocketed.. Tankers now rent for 200k to 300k a day vs 25k/day last year. Tankers like Frontline, Euronav, or DHT will make unprecedented profit for as long as the contango stays... Social distancing will continue well after Q1, keeping oil demand low, and contango high. www.bloomberg.com Al tankers fell sharply on the news Opec would cut production which narrowed the contango slightly, but the latter has since then widened even more than before the news, which should support the tankers again, 8$ is a strong support on Frontlien where high volume exchanged. Buy at current levels around $8.8 with stop below $8, target the highs at $13. risk/reward 4:1Longby AndreasRuhlmann338
Frontline may be able to sustain its 20% dividendI've just learned that oil tanker booking fees are near record highs as oil producers scramble to ship their excess product to available storage locations, which are filling up fast. This suggests that the share price reduction in tanker companies like Frontline may be unwarranted, and they may be able to sustain their dividends in a market in which many dividends are being cut. Frontline's dividend yield is currently over 21%.Longby ChristopherCarrollSmithUpdated 7721
Insane value play on Frontline, tankers are like gold atmIm long out 2020/2021, expecting rates for VLCC, Suezmax and aframax to continue to be way above previously forcasted levels. Expecting raping growth while the marked stabilze and we got really high dividends with close to 20% yield at these prices...Longby Vipsey6
Waiting for a new buy posLooking for a new buy position. In Marts 2018 Frontline hit an all time low and after that a new uptrend have started. Atm its on its way down after a 101 % gain in the last 4 month ( Sep okt nov dec ) the normal drop with Frontline since the uptrend , is 70-110 % gain following a drop of 25-40 % and as of today it have dropped +/- 27 % so im thinking it gonna drop some more and maybe even alittel more then it use to becouse as you all know we have a virus fra china going on and that have a impact on almost all stocks, so we have to keep that in mind aswell befor making a buy or thinking omg its down 42 insted of the normal MAX 40 % as you see , the RSI and the MACD is not bullish but bearish ( so its NOT a buy atm ) as you also can see, we have higher highs and lower lows and its holing that patterns pretty nicely! As of now , im only making this cart to keep up with my already investet stock in Frontline and gonna jump in again when i see a turning point. Fell free to comment - we all are here with diff idears and mind set Disclaimer : i have this stock and im long and waiting for a new buy position. Longby SimpleinvestMarttinUpdated 116
Any thoughts on this pattern?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!by Toreaxx5
Money Wave Buy soon on FRO Frontline Ltd.Buy FRO when the Stochastic Closes > 20. NYSE:FROby AbovetheGreenLine0