Hoegh Autoliners ASA
Largo

Hoegh Autoliner - update

309
The development has been nothing short of being great since my last update on this Norwegian stock. The price fell more than I anticipated but nevertheless it followed my overall plan.

I remain extremely bullish on this company but it´s too early to give more precise price targets.
As of now we can assume that we will see price reach the 161% Fibonacci extension projected of the red 1-2 setup seen in the chart. This move will have several set-backs which I´m looking to use for additional buys.

Looks like the future is bright for the company ... as of now at least!

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