TDW - rise+48% to 73 cents per share on March 01The 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) settles around the average of (0.041) among similar stocks. TDW's P/S Ratio (4.063) is slightly higher than the industry average of (1.409). With 536.06K shares outstanding, the current market capitalization sits at 3.72B.
TDW trade ideas
Tidewater to Double?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?
Tidewater... Bad Water. TDWWe 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, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Tidewater Continues Down For NowBased 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 11.42.
If this instance is successful, that means the stock should decline to at least 11.3 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 4.346% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 10.788% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 20.044% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 35 trading bars after the signal. A 1% decline must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 4 trading bars; half occur within 19 trading bars, and one-quarter require at least 29 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
Tidewater - Reversal of a 10-year long downward trendA 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 potential in a new oil bull market.
Disclaimer : I am long TDW.
Back to basic theory of stock cyclesI 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. Need at least a few months to play it out.
TDW - Fallen angel pattern long from $1.03 to $1.63 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 $1.03
Exit Target Criteria- $1.63
Stop Loss Criteria- $0.78
Please check back for Trade updates. (Note: Trade update is little delayed here.)
$TDW - potential short squeezeCurrently 23% short float interest in TDW. Trending slightly above 20-55day EMA's. Beaten down stock from 9$ 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 lines. Let's see how this plays out over the course of the week and I will draw trend lines and update as such.
TDW - Long - Swing+ 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)