I really like this company from a fundamental perspective.
Actually, it's a huge part of my portfolio already.
The technical set-up is still ugly. But the MACD is about to turn bullish .
The report came out today and it was quite good.
But the trade war still seems to be the biggest threat.
I really like this company from a fundamental perspective.
Actually, it's a huge part of my portfolio already.
The technical set-up is still ugly. But the MACD is about to turn bullish.
The report came out today and it was quite good.
But the trade war still seems to be the biggest threat.
I am not predicting and anticipating the things since I expect for a clear breakout
but the point here is that the price is showing me some intentions to breakout the resistance line for this reason I put this stock in my watch list to follow up
I like this pattern based in the increasing volume the other thing I like is the wicks of two candles five weeks ago...
SBLK seems in a bouncing phase after the previous drop on daily chart. Now it looks too much overextended and i'm looking to the price action for a potential pullback.
great looking on the volume and price (very technical) everytime that test that upper trendline the volume came in, if we can break that level is going to 5 easly
Long SBLK as price action today is now confirming a breakout. The wedge on the daily chart dating back to July was broken yesterday and seems to be confirmed today. Volume as of 1:50 EST is above recent daily levels as well. Going into the close heavier volume will confirm this breakout even further. I look for an entry at 4.55, but if my limit order does not...
