Take off for Norwegian Air Shuttle! Norwegian Air Shuttle
Short Term
We look to Buy a break of 9.21 (stop at 8.34)
We look to buy dips. Previous resistance located at 12.70. Previous support located at 9.00. Trading within the Channel formation. We look for a temporary move higher.
Our profit targets will be 12.69 and 13.49
Resistance: 11.50 / 12.70 / 24.00
Support: 9.00 / 6.00 / 5.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Norwegianairshuttle
Norwegian Air to Fly Higher? Norwegian Air Shuttle - Short Term - We look to Buy at 12.49 (stop at 11.04)
We look to buy dips. Previous resistance, now becomes support at 12.00. 20 1day EMA is at 11.90. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 18.17 and 22.40
Resistance: 15.00 / 20.00 / 30.00
Support: 12.00 / 10.00 / 9.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Norwegian Air Shuttle (NAS) with squeeze potentialWelcome to my Detailed and Extensive Technical Analysis of Norwegian Air Shuttle ( NAS )
Norwegian Air Shuttle
Welcome to this analysis from me,
Norwegian Air Shuttle currently has the potential for a strong price rise once the price leaves the breakout zone and enters Elliot wave 3.
The situation is strengthened by a clearly recognizable W formation with a completed retest, between Elliot wave 1 and 3.
The price target for the W formation is NOK 16.024
The price targets for Elliot wave 3 are at:
NOK 14.804
18.558 NOK
22,262 NOK
24,582 NOK
The price target for wave 5 is not yet fixed, and can only be determined after the successful formation of wave 4, the 42,088 NOK are only given as an optical orientation for wave 5.
If you liked this idea, I would be happy about a click on the Like button ;)
If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function.
Thanks a lot
Disclaimer:
First published by me Highrisk221 on TradingView on 27. 01 .2022 14:30hrs.
Please keep in mind that this is a purely technical analysis based on probability calculations and data from the past, and only reflects what my eye shows me ;)
This analysis is for information only and is scientific in nature.
This analysis is not based on any fundamental data!
This analysis is not an investment advice and should not be considered as a buy, sell or hold signal.
This analysis is not suitable for individual individuals, it is not recommended to make a trading decision based on this analysis.
Always do your own research before investing and seek the advice of a qualified person.
I am not an investment advisor or similar.
I hold shares in Norwegian Air Shuttle, there is a possibility that I may increase or sell my shares at any time.
Ready to set off - Bullish to go!!! NAS is ready to turnaround - Buy low sell high!
Norwegian has bin undervalue since the bankrupt, but as the trend shows, we have a strong support around - 0,97 euro, or 8,5 -9,50 Kr
As many know, Norwegian is one if the top best airlines, into the low price airlines in the north and Europe.
Why are they Norwegian a winner?
- Strong marketing strategy
- Professional advisory board and CEO
- Old prices and Trend, there is a huge potential!
- Government investment, and secure for the NAS
- Covid-19 and countries is opening
Norwgian Air Shuttle (NAS)"The time to buy is when there's blood in the streets."
- Baron Rothschild
So if you are looking for said blood the Norwegian Air shuttle (NAS) might be worth a serious look.
Background:
Biggest airline company in Scandinavia. One of the biggest in the world (I believe Top 6).
It's based in Norway. Norway is a rich country. "Oil rich".
Like many other airline companies the company is suffering massive losses.
The state of Norway has already helped the company out a lot.
Pros:
As just mentioned Norway is rich, and I believe that the state will do everything in it's power to rescue the company. I believe the company will keep asking for more help until things get back to normal in 2022/2023.
Cons:
It's still a falling knife. Never catch a falling knife.
The company has been suffering pre-COVID-19 too.
The company has never been through this big a crisis. It could end up in bankrupcy this time. Know this if investing.
Technical analysis:
To hell with technical analysis at this point. All support has been broken.
I love TD sequentials though. Looking at the daily the TD countdown of 13 was reached monday and next monday could give us another 9 sell on the TD setup.
Be careful. Cheers