Accumulation Cylinder Beautifully accumulation cylinder pattern with cyclical analysis that also added with high volume and in daily chart we see that high volume as a buying climax (wyckoff methodology) that it might show this stock a good investment for next year. 💰Longby KianAr1
$SFL is breaking out on the monthlyMonthly trendline breakout on $SFL. resistance around the 13 area, but if cleared 15 & 18 are next targets imo.Longby ImSamTradesUpdated 2
SFL: Ascending Triangle, Not Confirmed (56.37%)(34/1000)(34/1000) Ascending Triangle for SFL on the weekly chart. Not confirmed Possible 56,37% gains. As per graph on the right, S&P Industrial is building into an ascending triangle (not confirmed) with a possible 55.23% gain. SFL analysis: Not a lot of pros on this one. Pros: 1- Bullish Ascending triangle 2- PPS above 50MA and 200MA 3- R/R ratio above 5 4- 50MA above 200MA Cons: 1 - ATR descending, less volatility 2- 250RSI below 50 but ascending 3- 50MA and 200MA descending 4- RS below 0 and flat If confirmed, Target price is 18,45$ Stay humble, have fun, make money! MAAX!Longby LeLaf3
August Trades (SFL, account up 3.05%)9th day trade is August is NYSE:SFL on 8/17/2023. Account is up 3.05%. Total return in August is 32.22%. Longby 1hour_trading0
Long Term Hold $SFLAfter 3 years, I'm reaccumulating and holding SFL primarily for my dividend portfolio for fundamental reasons, however, I am using weekly charts to plan my potential take profit zones. I may adjust this plan if I see aggressive distributions at different price levels in 2024 or beyond. If the fundamental narrative holds out, I'm not afraid to average down in the 7-8 range, but I may exit the position if those accumulation zones do not hold and I am looking to harvest a loss. This is not financial advice; I am simply sharing for educational purposes and to practice my analysis. Daily / Weekly trend validated using 12/26/200 EMAs Longby ctoph330
SFL break out anticipation SFL breaking above highs for another run. The shipping space is starting to run so it could be a beneficiary.Longby wave3trading0
SFL: Breakout Confirmed, 21.95% Potential Profit!Description: SFL is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $8.2 - $8.6 2. Take profit: $10.11 3. Stop Loss: $7.95 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 90%Longby tenpercentcreditspreads0
SFL just finished impulse wave and now heading into correction?Hi. In this 1D chart I've done my first attempt at plotting an Elliott impulse wave and its corresponding correction wave. If the right shoulder makes itself clear and the correction does proceed roughly as shown it would be a pretty clear sign of a new impulse wave starting. Any points after (5) are speculation and should be treated as unsure and unfounded until proven otherwise. Especially the price of point (C) when it occurs. The last point of the correction, (C), would as usual be a good place to go long but a safer option could be to wait for the (2) in the new impulse wave before posting a long position. Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you. This does not constitute financial advice. Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.Longby Kabeldon1
Simple signal and example long positionRSI could cross the center line within the coming week and with the Ichimoku cloud having turned green on the first of march a bullish trend shift could be emerging. The only detriment to this projection is the height of the MACD . If it breaks off the signal and downturns the price could follow and return to bearish. The long position on the chart is an example of a trade and not a recommendation or mandate. ~ This does not constitute as financial advice but is an idea and projection of future price movements without a recommended course of action ~Longby KabeldonUpdated 1
SFL has room to go!NYSE:SFL Long on #SFL - RSI very low - MACD sloping up - Divergence between RSI and Price - Based on the above indicators the stock may break the downward trend - Target price US 8.30 (23.6% Fib level)Longby F_Investments0
SFL: don't even think about a longSo..., some extraordinary chart/discussion since I really got upset due to an article on seakingalpha... SFL is an offshoot from the John Fredriksen Company Frontline. There are really close financial interests between SDRL and SFL as well as FRO and SFL. The recent warning by SDRL on filing Chap. 11 really needs a careful discussion/analysis of the money flow between each of the companies. These financial constructs are really complicated and a default of one of them will most likely put the others in serious financial trouble. In that SA article anything below 13 $ was considered a buy. Folks/Followers: be careful. Either you believe in an default of SDRL and go short but than you should not think about going long on SFL / FRO or you take a speculative long on SDLP / SDRL. A default of SDRL will have a serious impact on the whole Fredriksen companies structure . Shortby darth.stocksUpdated 10