DHT Holdings, Inc. (DHT) (B4 Q2’2016) thru Tuesday 8/9/2016

Before (Homework Part 1) and After

In checking back through my blogs, I do not see that I have published any of my drafts, or notes, on   DHT Holdings, Inc. (DHT).    So this will be the DHT Holdings, Inc. (DHT) introduction, plus  Homework Part 1,   or what things looked like before DHT reports (reported)  second quarter, Q2’2016 earnings  after the markets closed Tuesday and held its Financial Call Wednesday morning .   Part 1 will cover Select Metrics, Observation, Analysis, and Opinions (IMHO) of Analysis of DHT Holdings (DHT)  Daily, Weekly, Monthly, (d-w-m) chart activity through Tuesday’s (8/9/2016) close at  $4.80. 

I am preparing this two part blog to show that Mr. & Ms. Fickle Markets do not always price stocks right.   If, you do your own homework, there are opportunities to take advantage of Mr. & Ms. Fickle Markets’ stock pricing mistakes.  So, let’s look at Before …

 

 I.  About DHT Holdings, Inc.


   Per DHT Holdings, Inc. (DHT):   “DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the Very Large Crude Carrier (VLCC) and Aframax segments. We operate through our integrated management companies in Oslo, Norway and Singapore. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet and a transparent corporate structure maintaining a high level of integrity and good governance.  For further information: www.dhtankers.com.”

 

DHT Holdings, Inc. to announce second quarter 2016 results on Wednesday August 10, 2016

HAMILTON, BERMUDA, July 28, 2016 – DHT Holdings, Inc. (NYSE: DHT) will release its second quarter 2016 results after market close on Tuesday August 9, 2016.

The company will host a conference call and webcast which will include a slide presentation at 8:00 a.m. EDT/14:00 CEST on Wednesday August 10, 2016 to discuss the results for the quarter.

All shareholders and other interested parties are invited to join the conference call, which may be accessed by calling 1 212 444 0412 within the United States, 23500486 within Norway and +44 20 3427 1906 for international callers. The passcode is “DHT” or “486962”.

The webcast which will include a slide presentation will be available on the following link:
http://edge.media-server.com/m/p/xwhywsgk and can also be accessed in the Investor Relations section on DHT’s website at http://www.dhtankers.com.

An audio replay of the conference call will be available through August 16, 2016.  To access the replay, dial 1 347 366 9565 within the United States, 21000498 within Norway or +44 20 3427 0598 for international callers and enter 486962# as the pass code.

  • Contact: DHT Holdings, Inc.
  • Eirik Ubøe, +47 23115091 and +47 412 92 712
  • info@dhtankers.com and eu@dhtankers.com

 

 

 II.  DHT Holdings (DHT) Daily, Weekly, Monthly, (d-w-m) Charts

  Observation, Analysis, and Opinions (IMHO) of Analysis of DHT Holdings (DHT)  Daily, Weekly, Monthly, (d-w-m) chart activity through Tuesday’s (8/9/2016) close at  $4.80
   The current trend is down and all orders on the short side may be considered.  If already holding short positions, look to take partial profits on  any retracement to 4.97. Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 4.99.  Be prepared for a potential short term price move up,  back to the 4.86  area.
Suggested placement of capital conserving stops…
If Long, exit all contracts at …      4.49
If Short, exit all contracts at …      5.14
 Note:  Remember,  this is “before” to show readers what DHT Holdings (DHT) Daily, Weekly, Monthly, (d-w-m) chart activity looked like before DHT reports (reported)  second quarter, Q2’2016 earnings  after the markets closed Tuesday and before DHT held its Financial Call Wednesday morning .
             ==================================================
dht 20160809d
  Chart #1 (above, daily, PPSupRes)   DHT Holdings (DHT)  Currently the MACD is bullish since it is trading above its signal line.  The Moving Average Convergence Divergence (MACD) crossed above its signal line 2 days ago.   The MACD is not in an Overbought/Oversold range.  There have been no divergence signals within the last 5 periods.
    MACD Value:   -0.070     Signal Line Value:   -0.093
  •   :: Pivot point   4.84
  •   Support (s1)  4.75       Support (s2)  4.70
  •   Resistance (r1) 4.89   Resistance (r2)  4.98
  •   Simple Moving Average (Close 50):   $5.05    (uptrend)
  •   Simple Moving Average (Close 200):  $6.10   (downtrend)
Additional DHT Holdings (DHT) DAILY chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • The upper projected target is: 5.15.
  • The lower projected target is: 4.43.
  • The projected closing price is: 4.79.
Note:   the above, and below,  DHT Holdings (DHT) Daily price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
——
dht 20160809w
   Chart #2 (above, weekly, PP-Sup-Res)   DHT Holdings (DHT)  Note the formation of “the Claw” in the above weekly chart.  The Claw formation occurs when the Resistances (r1, r2) * AND * the Supports (s1, s2) converge to the Pivot Point (PP).  This formation “suggests” a big move is coming, Bullish, or Bearish, up or down, and that I NEED to do more homework …
  •   :: Pivot point   4.85
  •   Support (s1)  4.74       Support (s2)  4.67
  •   Resistance (r1) 4.92   Resistance (r2)  5.03
  •   Simple Moving Average (Close 50):   $6.36   (downtrend)
  •   Simple Moving Average (Close 200):  $6.22   (downtrend)
Additional DHT Holdings (DHT) Weekly chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • Note (1): this chart shows extraordinary price action to the downside.
  • Note (2): prices are vulnerable to a correction rally towards 6.30.
  • The upper projected target is: 5.89.
  • The lower projected target is: 3.62.
  • The projected closing price is: 4.75.
Note:  these DHT Holdings (DHT) Weekly price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
     —–     —–

dht 20160809m

   Chart #3 (above, monthly, PP-Sup-Res) DHT Holdings (DHT)  Monthly  Monday 8/1/2016 to Wednesday 8/31/2016
  •   :: Pivot point   4.75
  •   Support (s1)  4.54       Support (s2)  4.27
  •   Resistance (r1) 5.02   Resistance (r2)  5.23
  •   Simple Moving Average (Close 50):   $6.16   (downtrend)
Additional DHT Holdings (DHT) Monthly chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • Note: this chart shows extraordinary price action to the downside.
  • The upper projected target is: 6.83.
  • The lower projected target is: 2.66.
  • The projected closing price is: 4.75.
Note:  these DHT Holdings (DHT) Monthly price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
     —–     —–

 

-–  Monday, 8/8/2016   thru    Friday 8/12/2016  ——

 

Correction, pullback, or Bear Market? Part 3

 

 

( x)   All Links can be opened in a new tab or new window …

  •  ( xi )  I will be returning and adding more related chart info including links to charts with  daily, weekly, and monthly (d-w-m) chart analysis

 

Please read:

 (1)  Research and Investing Disclaimer

 (2)  Investing and Trading

    It’s Black Friday for OPEC

[ More  Blogs ]

 

Hope the above  DHT Holdings (DHT)  calculations and charts for Wednesday 8/10/2016, as well as the rest of August 2016,   helps  your investing and trading planning today …

 

 

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