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Hoegh Autoliners ASAHoegh Autoliners ASAHoegh Autoliners ASA

Hoegh Autoliners ASA

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Hoegh Autoliner - updateThe development has been nothing short of being great since my last update on this Norwegian stock. The price fell more than I anticipated but nevertheless it followed my overall plan. I remain extremely bullish on this company but it´s too early to give more precise price targets. As of now we can assume that we will see price reach the 161% Fibonacci extension projected of the red 1-2 setup seen in the chart. This move will have several set-backs which I´m looking to use for additional buys. Looks like the future is bright for the company ... as of now at least!
OSL:HAUTOLong
by Staggi10
HAUTO - inching closer to a potential buyShort update on HAUTO The stock continues to correct down and becomes more attractive by the day. As price approaches the low of wave A it might bounce but the momentum is clearly bearish for now and one should remain patient and wait for prices below 80 NOK and even better so 65 NOK. Right now price is an the wave c of 2 and we want to trade the wave 3 which will be a great chance for all of us. The RSI is clearly below 50 on the daily time frame but potentially a divergence is forming on MACD which indicates that a small rally may come before continuing further down.
OSL:HAUTOShort
by Staggi10