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Diana Shipping Inc is a Buy

Long
NYSE:DSX   Diana Shipping inc.
As global growth surges, the shipping stocks are in a good position to regain some interest after years of institutional investors neglect. Among all of them, Dianan Shipping has shown some technical consistency during the last weeks. It seems it is ready to continue with the hike as has just broken out on the daily chart four sessions ago. If the breakout continues, the first target is $5.10, second target may well be $6.20.

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