This looks like the beginning of a very well-identified read - a bullish breakout - originally identified and published on August 12th, 2021. I am fairly confident this will reach the previous all-time-high and likely move quickly to the upper $80s.
Spendy Spendy. What's your vice? Ahhh the ecommerce addicts buying IP infringed products from overseas. oh well. Hooray *rising rates environment! Go small cap gems!!! "Buy American Act". Thanks Biden. Go USA!!
COGS/PPI etc. is through the roof. Shipping a product? Good luck. Atleast #cannabisreform is going on. $KERN- the CANNABIS DATA Software!!! GO USA MSOSs!!!! Multi State Operators! #thegem #jobsandjustice *rising rates environment. Go Small cap gems. #valueinvesting
Model has given entry signals for Genco Shipping & Trading Limited: - "Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It...
Model has given entry signals for Dry Bulk Shipping: - The investment seeks to provide investors with exposure to the daily change in the price of dry bulk freight futures. - We expect a boom in the shipping and freight sector with the pandemic backlog, and nations increasing their industrial production to meet new initiatives. - We are very excited about...
The Baltic Dry Index Continues to soar following my call for a breakout at 3,200ish (July 2021). I think the BDI remains a good indicator right now for a few reasons: 1. From a technical perspective, it is behaving exactly as expected (hence the call from 3,200 - it was an easy read) 2. The breakout and move higher is consistent with a bottleneck in global...
I think this thing wants out. Looks like a bull, smells like a bull.
Long term still long AF on ZIM but it seems we have gone up too fast for a traditional stock and rejected all time highs. I see a short term correction based on MACD and RSI needing a cool off.. Dips continue to be for buying until something changes on a macro level so I am looking to long support around $44. Freight market insight www.nytimes.com www.reuters.com
This is an update on my long up almost 50% and climbing.. resistance at ATH $49.50 next, then baby resistance at $52ish, then open air to run! People are now paying $30,000/container this shit is insane - they are gonna crush earnings until the market corrects which is looking like never haha
BUY : Shipping corporation of india. Volatilty has come down dratically down.looks good for good upside
touching major resistance level today, watching for breakout and hold within the box, buy target is a break above the box.
big brain time, fintwit... How is WISH going to deliver orders without oil and boats or whatever?! Spoiler alert: they're not. Enter: RIG (honorable mention: SHIP) At heart, I guess RIG is an oil play. As usual I'm going to spare you the deep RIG backstory and assume that you found this idea because you've already done some research of your own. There's...
Finally back in the gap on GOED with strong volume to start the week. New coverage from ThinkEquity puts a Buy and $12 target on the stock. I think now it comes down to continuation and follow-through. Secular trends will likely start playing a bigger role if or when it breaks back through this gap. "Q2 has been a strong quarter for 1847 Goedeker. Since May,...
I put this RIG chart together earlier this month and it continues to hold true. No major consolidation just a channel trade with higher lows getting put in. With global shipping becoming a bigger point of interest right now RIG could be one to watch (assuming they don't do something stupid like raise money at a drastic discount). "the oil demand this year has...
Mission Statement: We are a growth-oriented global shipping company engaged in the seaborne transportation of a wide range of commodities along worldwide shipping routes through our ownership of dry bulk and tanker vessels. Recent News 1. Limassol, Cyprus, April 9, 2021 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global...
Hi. In this 1D chart I've done my first attempt at plotting an Elliott impulse wave and its corresponding correction wave. If the right shoulder makes itself clear and the correction does proceed roughly as shown it would be a pretty clear sign of a new impulse wave starting. Any points after (5) are speculation and should be treated as unsure and unfounded...