HUNT trade ideas
Hunting high and lowIs this gruelling downtrend finally over for HUNTER? I believe so. A long position has been taken here. Looks like finally a sigh og relief and possible uptrend in the making and an upwards channel can be reborn. Would love to see some higher lows! Look for momentum change and this might be it!
HUNT looking like it's ready to pop.HUNT is getting squeezed between the strong support and the 50MA that's sloping down.
Again, we are talking about a stock that has a big thumbs up from a fundamental perspective, which gives me a bullish bias.
Very short and simple, I think once it breaks the 50MA it will start a run up into the cloud and further upwards.
So this break will present a good buying opportunity.
HUNTER arrived at major supportSame here, just like EURN and DHT, let's keep a close look at the behaviour here, as this could be support that reverses the trend.
