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Archer ready to go?Archer has been in a sideways trade range for a while. - Tested support at 8,25 area. - Higher low RSI, with a long term positive undertone - Insider buy: Dag Skindlo, CFO and Director of Archer Limited (ARCHER) has on 21 March 2018 bought 18,000 shares in ARCHER at an average price of NOK 8.40. Following the transaction Dag Skindlo holds 124,000 shares and 600,000 options in ARCHER. Possible target: Around 13, giving an upside of about 50%. This is a volatile stock with high risk, but considering the great upside, I'll take a shot at this level. Setting stop loss at close < 8
OSL:ARCHLong
by Presario1978
SubSea7 (Norway): New DowntrendPressure within the European Oil&Gas Sector is paramount. Virtually everywhere stocks are tanking or showing flimsy holding patterns at best. SubSea7 has been a big outperformer within the sector, but that seems over now. Prices have set a new lower peak below the previous consolidation pattern. Cloud support has been taken out to the down side and, as mentioned before, sector weakness is widespread. We expect a decline towards minimally 92.10 (pattern projection). Below this level some pivots of 2015-2016 could give some support around the 85-zone. In either case considerable down side risk. Avoid all long exposure. Trading short-entries are justifiable with initial stops above ~121.50. Primary trend: negative Outlook: new down trend, negative Strategy: avoid or trading short-entry Support: 106.70 / 92.10* / 85- Resistance:  121.50 / 124 / 134.50+ Outlook cancelled/neutralized above 121.50 CHXEUR:SUBCO
OSL:SUBCShort
by buyem_nl
Veidekke 2Ifølge TA ser vi en tydelig trend nedover. Vi ser støtte på rundt 80,-, noe 0.00% som man kan tyde også på fibbonacci. Ifølge TA ser vi en tydelig trend nedover. Vi ser støtte på rundt 80,-, noe 0.00% som man kan tyde også på fibbonacci. Ifølge TA ser vi en tydelig trend nedover. Vi ser støtte på rundt 80,-, noe 0.00% som man kan tyde også på fibbonacci. 13 minutes ago Comment: Støtten ligger på 82,-. Dersom trenden fortsetter kan vi se 55 kroner iløpet av våren. Dersom trenden brytes er det resistanse på 100,- Prisen vil komme hit. 11 minutes ago Comment: Jeg kjøper på 82,-
OSL:VEI
by kittle
OPEC and Seasonals - SellMarket normally goes into backwardation in FFAs after new years and shipping volumes falls when refineries go into maintenance and cut their crude processing demand. This year, in particular, it should fall even more given the cuts being implemented as per media in the last couple of days. A hot tip to follow the fixtures done is to download VLCC Fixtures (iPhone) from Frontlines own chartering department which provides and overview of cargos/ships/last done. Furthermore, bunker fuel is representative of a large freight cost component which also follows oil upwards and thus is currently putting earnings pressure on all shipping companies. Hence to conclude within jan-feb 2017 this stock should fall to its lows due to OPEC cuts, cost explosion in bunker and seasonal maintenance of refineries, thus the anti-trade of oil short term.
OSL:FROShort
by volsupply