another idea from one of the forums. timestamp for future reference. Nordic American Tankers - a company providing transport services with the use of tankers in the Suez Strait. Very cyclical, but it seems that the bad period is behind the industry because prices have risen significantly in the last quarter. In the fourth quarter $ 34k per day and in the third it...
Nordic American Tankers Ltd. is an international tanker company, which engages in owning and operating of Suezmax crude oil tankers. The company was founded by Herbjørn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.
NAT just had a pullback from its recent breakout with massive volume. It broke through the 30 week MA with the volume, since the whipsaws on the MA began in FEB of 2018. The MACD is centered out with a recent bullish signal. The RSI is also centered out and it's crossed over on the average and started bouncing on the average. Trade this on the daily and sell it...
I try not to be negative on these stocks but you can't ignore historic levels. Right now, NAT is back in the "gap zone" from back in 2017. Every time shares entered this "Bermuda gap," the gains have continued to disappear. Will it be different this time around? " NAT has been benefiting from the rise in most tanker stocks recently. The company has been...
$NAT 4hr timeframe / Price is pushing up on previous support now possible resistance not to mention we are at a peak area of interest when reversals in price action tend to happen.
NAT - Weekly 34 x 500 Hull Test Ahead - Could Rocket if Passes
Cmon on NAT Daddy!!!
Quarterly model likes NAT here
NAT has been hammered for a while now as market pressures, tariffs, cash flow struggles, and continuous cuts to Dividends. I do believe that this stock will bounce back up 30% increase with-in the next 3 months. This is a great stock for a beginning investor and more importantly low risk as the stock will struggle to move back to the 52 week low. I am a big...
it turned out to notice the trend channel, which leads to the closing of the gap. There is a possibility that the company will return the trust of investors. But it will be very gradual.. I wish the company success!
more than doulbe of avg volume on friday, had EOD squeeze broke downtrendline, i see reversal has started we might go straight to 3.5 withouht any correction wave
NAT is now popping up on oversold searches. It has GApped down and is back inside the Bollinger bands. Looking at the Elder bulls, the bears are loosing power and the trending is looking up. The RSI is 20.33= way oversold since most traders look for under 30. The stock is going to be intersecting its EAM9 soon. Im bullish, how about you?
I think we are about to see a rebound of NAT in 2018. A gap up in a month will be a strong indication to buy.