IvanLabrie
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DHT: Interesting longer term trade idea

NYSE:DHT   DHT HOLDINGS INC
We can take a longer term position in DHT             . It goes ex-dividend soon, has a very high paying dividend (14% dividend yield) plus a 25% free cash flow yield and manageable debt levels. I like how it has been outperforming the market recently, and how the monthly technical chart looks. Looks promising.
Enter longs at market with stop at 4.19, aim for 11.15, in the long term.
Cheers!

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Cheers!

Ivan Labrie

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We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.


Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance             on such information.
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