The last earnings report on September 30 showed earnings per share of 49 cents, missing the estimate of $1.25. P/B Ratio (3.601) is normal, around the industry mean (3.775). P/E Ratio (50.264) is within average values for comparable stocks, (50.885). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.334). Dividend Yield (0.000)...
Nice weekly set up.
Need to be patient.
Break out of an old resistant.
In my opinion: a stop loss right under the weekly candle which just closed is a nice idea. Its an agressive sl which allows a very great risk/reward.
analysis based on Bollinger, volumes and technical pattern.
I think tidewater might go down and touch the crossing yellow trend lines. If it does, I think the target is the purple line at $52. If it breaks through that resistance, zoom out and you can see the next resistance is way up at $140. I'm planning to buy if it hits that cross. What's your opinion of this?
Price has made higher lows since August and closed at the descending trend line. MACD is crossing and the D+ crossed D- on the ADX which is also turning up.
2 ATR stop at approx $29
First target: $36.11
Second target: $39.90
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 3, 2021 with a closing price of...
A new oil prices bull market should favor small & micro cap equities of the oil & gas sector, which reached depressed levels after a 10-year downward trend, giving them the risk-return profile of call options.
We consider that the risk-reward offered by Tidewater, despite its very volatile price, is more than attractive given its low valuation and its growth...
I am a firm believer of 4 cycles of stock manipulation. 1)Accumulation(base) 2)mark-up(rising) 3)Distribution(topping) 4) mark-down(down trending), repeat. so it is important to be in the right side of markets. Sometimes though you can identify the big winners of the future before they are known. TDW happens to be my pick, after reorganization in May this year....
TDW looks very interesting, its rolling up to the moving averages at the moment. It is in the shipping industry & a lot of the shipping company started to recover. We think TDW also has good upside potential if it can cross above $1.03
* Trade Criteria *
Date First Found- June 19, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break of...
TDW has broken a long term downtrend with a big impulse, but it is retracing too fast. You can look to the price action for a potential buy on the bounce or you can wait for a potential short on the pullback.
Currently 23% short float interest in TDW. Trending slightly above 20-55day EMA's. Beaten down stock from 9$ to $1.36 at it's 52 week low. Since it's low it's bounced pretty well tagging $4.50 at it's high. That will be the level where we could see this thing run with no resistance until we are above $6's. I put the support and resistance as such in the blue...
Tidewater stock price has been crushed over the years, down some 95%. As oil prices stabilize in the expected$50-60 range in 2017, TDW may be a multi bagger winner in 2017.
+ broke out today with above average volume
+ cup and handle formation over the past 2 weeks or so
+ sideway price movement over the past few days, with contracting volume
+ 5ema about to cross upward, while piercing through the body of today's break out bar
- upper shadow on today's bar (didn't close near day high)
