$DHT - DHT Holdings

October 26, 2016

2016-10-26 3:43 PM                        
About a month ago, we had some bearish concerns on DHT. However, our number to watch for downward direction (4.00) wasn't broken through. A slow consolidation of 4.00 support has shown up instead. Dare we say we're watching for a return to the 4.75 area? That would confirm the present trend but DHT, as with so many other shipping stocks, is taking baby steps. Caution still rules.

 Previous pontifications on DHT Holdings  :

 

2016-09-25    6:54 PM                    
Tip-toeing along just above 4.00, DHT is giving us some bearish concern. Cautious optimism is fading a little; a break down through 4.00 will have us staring at 3.75 again for continuance of the general bearishness.
                
2016-09-20    1:03 PM                    
Continued weakness that overshadows half-hearted price recoveries has plagued DHT for most of 2016. Maybe the down-trend is finally easing on recent signals. A cautiously-estimated price target of 4.50 - 4.75 could be in the works, but optimism isn't proven yet. 3.75 is to be watched for
any continuation downwards.        

 

Please reload

Recent Posts

Please reload

Archive

Please reload

Tags

Disclaimer: Content on this site is provided  for information purposes only. We are not a registered investment advisor, broker, dealer, financial analyst, financial bank, securities broker or financial planner. The contents of this site are not intended to be, and do not constitute, financial advice. For any investment decision, you should seek the advice of a qualified and registered securities professional. This website is provided without any representations, warranties or conditions of any kind. The opinions expressed by www.supermar.info article authors and those providing comments are theirs alone, and do not reflect the opinions of Superior Maritime. Superior Maritime is not responsible for the accuracy of any of the information supplied by these authors.

  • twitter

©2016-2019 SUPERIOR MARITIME