Get started
LeLaf

GNK: Double Bottom, Confirmed

Long
Genco Shipping & Trading Limited (NYSE:GNK)  
LeLaf  
NYSE:GNK   Genco Shipping & Trading Limited
Technical Indicators Chart Patterns Trend Analysis
1
0
indicator chartpattern trendanalysis
Double Bottom, confirmed
Pros:
R/R ratio above 7
Descending volume
Good Volume at break out
Cons:
250RSI below 50
RS descending and below 0
PPS struggling to cross 200MA
PPS below 50MA and 200MA
200MA descending
If Confirmed
PT1 = 7,32
PT2 = 8,71
PT3 = 9,19
Bonus PT4 = 11,12
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.