LONG NATNat has broken above the ascending triangle with aggressive rise in volume
Buy order 3.68
Stop Loss 3.60
Profit taking 1: 3.95
2: 4.10
3: 4.23 (according to previous resistance areas)
NAT trade ideas
NAT NORDIC AMERICAN TANKERSThe price on the weekly chart is held above the 30th. Also on the weekly chart, it exceeded the 200th. The goal is to achieve resistance. It will be fixed on top of the mark and grow further.
NORDIC AMERICAN TANKER Stock Chart Fibonacci Analysis 041223 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 3.71/61.80%
NAT NORDIC AMERICAN TANKERSThere is resistance at $4.3. We need break through it, and then we will try to gain a foothold. After securing, it will be possible to enter into the transaction up to the goals above.
NAT - LONGNAT - Monthlys
Just a thought.
1. Is here as a reminder to myself.
2. is not a trade idea.
2. I Like it.!
cheers
NAT Weekly reversalNat looking ready for big long term reversal. MACD turning green, breaking important neckline. target would be overall trendline met around $5.83 but measured move around $10
Long scalp $NATBased on it's uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $NAT exceeds today's high of $2.69 during tomorrow's session.
NAT New 6 Month HIgh*NAT just made a New 6 Month High
*Big volume coming in
*Price crossed 200DMA and now trading above it
*6 Month Long Base
$NAT (Natural Gas) Bearish Bat returnNAT definitely has more room to run here especially considering the current climate world wide. $5.00 looks like a reasonable first target on a continuation here. The larger picture here would be the potential of the Bearish Bat completing at an .886 off the double bottom here.
NAT - very low risk very high rewardAll indicators are bullish, we are seeing shortages in the supply chain across the market.
regardless of green energy and EV market - Fossil fuels are not going anywhere anytime soon!
NAT stores Crude oil, I don't see this stock going down and hope to see them expand on their buisness
NAT LongDouble bottom
Support line
Entry 3.6
Stop 2.6
Target 6.6
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Extended Wedge Bullish Bearish Neutral?It's a very wide wedge right now so lots of room to fluctuate. Will the reopening trade momentum act as a catalyst for another rebound or will NAT just chill here forever?
In its Q4 and full-year 2020 update, The company said that “We see strong oil demand, in particular from Asia for 2021…The lock-downs around the world has led to pent-up demand for many goods and services that will flourish once the vaccination program gains momentum this year…The demand will, unlike wars and financial crisis, be met by an unharmed physical and financial infrastructure that is ready to deliver on all cylinders.”
Quote Source: 5 Penny Stocks For Your March 2021 Reopening Watch List
NAT stick with the planthe small market cap stocks really took a beating this week, NAT still holds the trendline for now. if it goes under i will sell it and look for another buy in. you should always have a plan and stick with it, don't take any chances
nat looking like a snackshowing bullish divergence on the 4h and daily. low goes back to oct 19 where we would have a stop loss
88.6% retrace on NAT with double bottomThis is a pretty big edge. 88.6% retrace from the peak. Retested the low, now showing positive momentum. This is a low risk opportunity with high reward.
NAT - Long SetupHere’s another pretty setup, I’m taking a long here. Descending channel....bullish divergence on both oscillators on the weekly time frame. Too pretty to pass up.
NAT Technical Analysis 🧙Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.
If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NAT LONG idea NAT currently looks to be in a channel nearing the bottom. Look for a spike in volume and NAT to rise to the channel top/resistance.
INTERESTED IN BUYING NAT? WATCH THIS ANALYSIS (93% profit?)NAT has been falling drastically in price for the last 6-7months, after it was hyped up through March and April for the record low oil prices. After the oil prices started to rise again, NAT has just been going DOWN, showing no strenght what so ever.
Many people are interested in this stock because of the high dividend it's paying out which currently sits at stunningly 24%! If this is good or bad for the company can be discussed.
Now let's look at the technical of this stock. NAT are currently in a long lasting descending channel. Price is currently at 3.06, and as you can see price got rejected at the horizontal and trendline resistance. Its not ready to break out yet. I think we will have another leg down to about 2.30-2.50, where the blue box is placed. This level is probably the best place to enter NAT if the price resumes up. Because of the horizontal and trendline support at the 2.30-2.50 zone.
So how high do I think the price will go from there? My target is around 4.82. That's the zone where the price started to go into a descending channel and we also got strong support up there.
This is the absolute best and safest place to enter NAT in the following weeks/months, If the price breaks below this level price will probably enter a consolidation like January 2018-September 2019.
If you like this analysis and find it helpful, please leave a like! Appreciate any feedback, and sorry for bad English :3
