NEL Hydrogen with bank accounts flush after several equity offerings near earlier highs looks set to take part both in the European Hydrogen Economy initiative, as well as an important infrastructure partner of NIKOLA
Do you dare to buy at these levels?
I do not have time to show all data today. Based on a combination of fundamental (no new data, less momentum, slightly more passive in media and news/ analytics telling small light investors/savers to take frofitt fast today or intra week) + tecnical analysis wich i will not describe more this time. i am now pre market 22.02.2020 going short in NEL. Lokking for...
NEL is definitely in the buying zone here at 7.5 NOK where a tight stop loss as indicated by the black line can result in 9 % loss. But on the upside it can continue its trend with 110 % gain per year. Disclaimer, I bought stocks in NEL at 7.35 NOK
All the indicators has the same conclusion, bears are taking over. Weak momentum and no clear direction, could be a flammable combination for the Norweigan hydrogen company.
Definitely a long term investment for every portfolio size.
Fundamental:
The Company delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel ASA serves industries, energy and gas companies with hydrogen technology. The Company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing...
In January, NEL Hydrogen finished a very successful large private offering at NOK 5.45 ( nelhydrogen.com ) , but both the technical uptrend and fundamentals remain solid, with the company set to invest the proceeds from the placement in rapidly scaling up production facilities.
Company twitter feed for news: twitter.com
Investtech publiserte nylig at Nel har brutt ut av synkende trend, men etter dags-grafen ser man at dette ikke er tilfelle. NEL ligger over 9-dager MA. Jeg ser et tilbakefall til en sted mellom 3.07 og 3.10 før den igjen vil prøve å bryte 3.16 ish. Hele neste uke ser jeg en nedovertrend etter denne sterke uken.
