FRO - Frontline plc

Pulled back due to Iran peace hopes, but long-term fundamentals remain strong. Mixed signals, so not adding.

Described as the 'big dog' of the group. Posted Q1 earnings of $2.51/share up from 15 cents the year before, with 67% revenue growth — the strongest first quarter since 2004. This was before rates tripled further. Chart shows classic consolidation-before-breakout pattern. The presenter is actively buying.

Described as the 'big dog' and one of the largest crude tanker operators on Earth. Q1 earnings of $2.51/share up from $15 the year before with revenues up 67%. Operating leverage is extreme with break-even at ~$30K/day and current earnings at ~$280K/day. Technical breakout above $40 with target of $60-80 in coming months.

Likes the oil shipping sector fundamentally. Stock shows nice shallowing consolidation pattern. Would buy on breakout above $40, targeting $55. Everything looks good — sector, stock, and pattern all align.

One of the world's largest oil tanker shipping companies. Benefits from longer shipping routes caused by supply chain disruptions from Iran war and Strait of Hormuz fragility. Europe and Asia ordering from South America and US instead of Gulf states means longer routes and more profits. Entire shipping sector setting up in similar breakout pattern. Buy above $40 with stop at $36.50.

Shipping stock that is considered too extended, similar to DHT. Ross avoids buying extended names.

Massive rounded bottom over a decade, broke above strong $25 resistance; historic trading range up to several hundred dollars. The host has a long position in his trading group and believes it has 'legs to run.'