NAT BullishNAT - Broken downtrend with very high volume, Divergence on macd from last LL's. Above middle bollinger band. Breakout volume biggest ever monthly volume by a mile.Longby mattrobo3Published 8813
NAT Resumption of Uptrend after Breakout?NAT Resumption of Uptrend after Breakout?Longby azdevilPublished 1113
NAT and natty gainsEarnings are coming in soon, might not be as high for the 1st quarter so it may pull back a bit more. 4.23 next level but there does seem to be a big upside looming this month with more tankers coming with a lot of indicators pulling for this to pass 10, risk reward and earnings to watch out. Oil is loyalLongby Thisguy22Published 7
NAT "Long"I'm bullish on this stock after investors dumped 40% of the stock! Anything above the yellow resistance line i'm bullish (right around 5.92-6.00) Good Luck!Longby mzombie2Updated 4
Doublee down on 6$, today. Will climb and crash, long time trend will keep going up. Them making 5-7x there money cant wait for earnings call.Longby epicscoreeuPublished 5
NAT - an exercise in FOMOThis was a great trade, going back for some post mortem as there is a lot to be learned. - started with insider buys - shipping storage narrative all over - search volume peaks, reddit wallstreet bets as the FOMO gets started - NAT CEO on CNBC pumping - love looking back on those gaps up each day, pure FOMO on a chart but my favourite part of this whole chart is the sell signal - the VOLUME on that first hourly chart is the perfect signal. GET OUT HERE. I sold a day early at 6.80 but still stoked with that. Have a put on now as well that I will probably close after these 2 days of perfect price action. Where does it go from here? No idea, will tankers go parabolic? Or will day rates for vessels plummet? Tough with these macro plays. If tankers setup for a nice low risk entry again will be looking at DSSI and TNK. Another great point to take note of is the RSI divergence at the top. Great sell signals to learn from here, - FOMO gaps up - Parabolic movement - HUGE volume on the opening hour for the top - Coupled with RSI divergenceShortby JickaPublished 4
Beautiful Bottoming Pattern, And the Monthly Chart Looks Sweet PROs: Trading at 60% below its fair value Earnings are forecast to grow 70% per year 250% return over the past year NAT is forecast to become profitable over the next 3 years NAT’s short term assets exceed its short term liabilities NAT has sufficient cash runway for more than 3 years NAT’s dividends in 3 years are forecast to be covered by earnings Analysts recommend a ‘Hold’ rating (average) NAT pays a dividend CONs: Highly volatile share price over the past 3 months NAT is unprofitable NAT’s revenue is expected to decline over the next 3 years according to analysts Losses have increased over the past 5 years at a rate of -45% per year NAT has a negative return on Equity NAT’s short term assets do not cover its long term liabilities NAT has a high debt to equity ratio NAT’s debt to equity ratio has increased considerably over the past 5 years NAT’s dividends have fallen over the past decade and are considered low Report: A very nice falling wedge pattern (blue) formed over the past decade or so. With a Cup ‘n’ Handle pattern in progress dating back to early 2016. The fundamental picture is ok, but nothing to shout about. Recent news articles have suggested a ‘glut easing’ for Oil is underway, however, if history is anything to go by, glut easing is usually short-lived. Bottomcatcher’s Opinion: Definitely one for the watchlist! Despite yesterday's herculean performance, caution and monitoring are required at this stage. Towards the end of this week and especially next week will be telling, as Oil prices are trying to recover from their most recent declines. If prices can stay inside the Arc and above sloping trendline resistance (blue top line of falling wedge pattern) at (1) on the weekly time frame, we should consider taking a long position to hold for the medium to long term. by rapidrunnersPublished 11
USO ETF goes from 2$ to 17$ straight upp. So NAT crashes..6$ again and i see no reason for NAT to bouncing upp. Ill buy more stock tomorrow if it drops again. Day traders leaving the stock and they will return again as fast as they gett it into there heads and understand NAT will earn 5x what they normaly do this half year. Longby epicscoreeuPublished 252513
NAT - Long . Lots of extra oil, need a place to store itLots of extra oil, need a place to store it = NAT longLongby MavskiUpdated 6
$NAT Breakout Reaches Initial Target ZoneNAT was a breakout candidate we posted early last week. That breakout happened ($5 was the trigger). A close today under $7.50 would be a rejection as key resistance. But $10 is plausible. Remember, this is about demand for new storage of cheap oil as Tank Tops sets in in WTI Crude. If June contract goes negative in coming weeks, the tanker squeeze rally could intensify.by GregFolinPublished 116
Long, look at the jumps Will hold and sell it within the next 6 months Reasons: 1. Every contract they earn 60 000 - 70 000 a DAY it costs them 8000, 52 000-62 000 profit a day per ship they have 23 of them. 2. There contract last 6 months so regardless what oil costs the next 6 months will be pure profits in earnings reports. Selling 50% past 25$. Low risk- potential 35-60$. Longby epicscoreeuPublished 101011
NAT: $8 Target ($10 Short Potential) --> $15 LongFirst off, don't take anything I say seriously or at face value. As always, my analysis are off opinion basis. That being said, let us get into some of my insights. I believe that, conservatively a short $8 target for NAT is likely to happen, and there seems to be bullish support for a $10 short as well. In terms of long position, it could cross a $15 price threshold within two or so years. The short potential is mainly as a result of the earnings call that is upcoming, and alot is relying on a positive call or huge surge in demand post covid19 crisis. I would classify this as medium risk, and think a short hold may be better then long because you can reinvest in some higher growth stocks afterwards. Although, I am not going to say I am certain on that statement. Only time will tell.Shortby gamer456148Published 664
Nordic American Tankers $NAT Long SetupFundamental Analysis: Overall shipping stocks are bullish, with gas prices so low and people ordering like crazy off their government checks. It definitely will be my next move in terms of hedging against this Covid crisis. I'm not putting any price targets because the situation is very dynamic and I will most likely take profits depending on how this plays out. Technical Analysis: Gonna keep it short on this one but it is a good time to get in for a long term play. With the ascending triangle forming on the 1H timeframe, we can expect the whole shipping market to keep pumping throughout this crisis. Cheers and feel free to share your thoughts!Longby ZanalysisPublished 13
NAT - 4/26/2020NAT - Spiked last week, probably because of oil tankers were catching eyeballs from the egative WTI oil on Tuesday. Tenkan sen crossed over Kijun sen so golden cross was confirmed. Wider green belt cloud ahead interprets to more buyers and higher price. By looking back to see where it came from, $3-ish bottom was the bottom of bottom ;)..by MS110Updated 7
New support at $5.1Bullish pattern to resume if prices hold above support. Buyers need to come in strongly with high volumes to keep uptrend. Storage of oil on tankers is normally 25K a day, and it’s been $100K+ a day and is expected to rise even more. Longby LahbabiPublished 10
$NAt Continues Higher as Shippers count $$$'s GainsNordic 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.by DEXWireNewsPublished 12
Nordic American Tankers Ltd $NATCompany continues to benefit from the oversupply of oil, rather than shippers the are now storage facilities Nordic American Tankers Ltd. is an international tanker company, which engages in owning and operating of Suezmax crude oil tankers. The company was founded by Herbjørn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda. PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR CONTENT Longby BullishchartsPublished 42
Shipping stocks bullish$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?Longby mattrobo3Published 4
Nordic American Tankers $NATNordic American Tankers gap up and holding jus above the supportLongby TheBullseyePublished 6