$NAP Navios Maritime Midstream Partners

Navios Maritime Midstream Partners

2016-09-28 12:20 PM

The bearish thoughts on NAP were confirmed right after we opened our fat mouth and said, “Watch out for 10.50,” or some such nonsense. This little run down might take a rest around the 9.75 region. Any recovery to 11.00 – 11.25 target level seems some time away at this point.

Previous ramblings on $NAP:

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Navios Maritime Midstream Partners

2016-09-25 6:43 PM

By week’s end NAP was stamping its feet hard on the floor a couple of times. We’re still somewhat hopeful for upward motion through 11.25 – 11.45, but watching 10.50 for some bearishness; there have been

a couple of pokes through that point already.

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Navios Maritime Midstream Partners

2016-09-20 12:51 PM

NAP has seen some flirting, (if not knocking on the door) with10.50 recently, but some recovery has been in the works over the last few days. However, a little price indecision this week suggests there’s nothing yet to push NAP back up. Anything above 11.30 – 11.40 could change our minds, though. Let’s keep an eye on that 10.50.