Price action will soon be testing a level of resistance. Of the many possible outcomes, price action could break out of this channel and proceed higher to complete the bull flag, or PA could return back to the lower end of this channel, which could give us something like a huge multi-year inverse head & shoulders pattern. Which would also be bullish, but not...
Navios Partners controls more than 140 vessels with a market value exceeding $5 billion. However, total debt is less than $1.7 billion.
set stop loss below curve
I had $NMM on my watchlist for over a week now & was hoping it'll stay quite until earning and come out that day. It decided to come out just hrs b4 earnings (tomorrow morning).
Getting it on ur radar in case it offers an opportunity tomorrow. Big 7 months base.
Chart pattern: Bull Flag
Entry: 34.11$ (this would end the trend of the correction)
Stop: 24.41$
Target: 75$
Risk/Reward-Ratio: > 4:1
Stopmanagement: ATR Stops daily chart default settings
Elliott-Wave-Principle: After a impulsive 5 wave structure the price developed a zig-zag-correction which retraced to the 38-Fib.-level. Due to the fact that...
Navios Maritime is a container ship company that transports, among other things, iron ore and grain. It's been down this year due to the trade war, but recovery is long overdue. NMM has a forward P/E of 6.35, and an extraordinarily low P/B of about 0.25. It's dividend yield is over 7%.
We did get some bearish shipping data the other day, but it seems to have...
Hello Successful Traders,
The stock (NMM) objectifies that an imminent break-out opportunity may be appearant within upcoming weeks. Overall, (NMM) has been heavily targeted from the perspective of bearish investors. Acknowledge the current PA levels and invest accordingly to one's own viable and proper analysis.
Resistance Level 3 - (14.00 -15.50) 1.50 cent...
long term charts showing major consolidation and accumulation
breakout of long term down trend and above 200 D MA and 30 week MA
looking for a break above 1.9x area for entry
Navios Maritime Partners L.P. is an international owner and operator of dry cargo vessels.
This lately move of the stock is because of a loan issued by big banks.
Morgan Stanley Senior Funding, Inc., JPMorgan Chase Bank, N.A. and Bank of America Merrill Lynch acted as joint lead arrangers and joint book-runners for the syndication of the Term Loan B facility. S....
NMM has been in a pronounced uptrend since November 2016. It has held to and bounced off of the general trend line shown in solid green. I bought at $2.10 and plan to hold until $2.60+. After three days of gains in a row, NMM may ease tomorrow, but continue the uptrend towards resistance around $2.60. The level between $2.50-$2.70 represents relatively strong...
