03/31/2020 Live Update

[Cobra]

Breakout should be more likely than double top here

[QED]

.
Covid-19 Derangement Syndrome: A World Gone Mad

http://thesaker.is/covid-19-derangement ... -gone-mad/

.

[QED]

[Cobra]

Members only update at 12:12 pm
http://www.cobrasmarketview.com/2020/03 ... ay-update/

[JFR]

ES 5. Stuck in a tight range, for the time being.

[Cobra]

Break down would be double top which in the past mostly would fail though but nowadays, don't know.

[JFR]

ES 5. Strong move down to a level of support.

And beyond ...

[Al_Dente]

https://www.youtube.com/watch?v=7QniMWBSbCU

[Heck]

$SPX BUYING > 2,571.15 edit

[Heck]

How

https://school.stockcharts.com/doku.php ... objectives

[Heck]

.
Covid-19 Derangement Syndrome: A World Gone Mad

http://thesaker.is/covid-19-derangement ... -gone-mad/

.

This headline preceded today's noon EDT drop

'Coronavirus updates: NY cases jump to over 75,000 as ambulances and paramedics are sent to NYC'

[Heck]

[quote="Cobra"]Break down [quote]

Nice call

[JFR]

ES 5. At a strong support level.

[K447]

FRO Target + 86 %
From 9.67 to 18
+ 16.5 % Bermuda Dividend

42 % Margins
125 % Debt/Equity

How is this to be decoded?
...

Bermuda?

...
https://school.stockcharts.com/doku.php ... objectives

Bermuda means ?

[Cobra]

The line below unlikely will hold another test so bulls must push up harder

[QED]

Bermuda means ?

Frontline Ltd. is the world's largest oil tanker shipping company, based in Hamilton, Bermuda and controlled by John Fredriksen.
Its primary business is transporting crude oil.

.

[K447]

Bermuda means ?

Frontline Ltd. is ..., based in Hamilton, Bermuda

Ah, ok.

[JFR]

ES 5. Walking the line. Riding the EMA 20.

[Al_Dente]

It’s tough to pratice social-distancing when you’re in the close quarters of an aircraft carrier.
“We are not at war. Sailors do not need to die,” wrote Capt. Brett Crozier, commander of the USS Theodore Roosevelt.
https://moneymaven.io/mishtalk/economic ... Ox7ede-ELw

[Shaishen]

FRO Target + 86 %
From 9.67 to 18
+ 16.5 % Bermuda Dividend

42 % Margins
125 % Debt/Equity

Would you consider this as a proxy play on long oil?
You have any indication of a time horizon for the target? I realize the situation is fluid right now.
I am tempted to try this although the 20 Year chart looks like a penny stock. It kind of flatlined for the last 7 to 8 years, a break out could come (or not of course)

.