CTRM - Shipper long - Huge Insider buy
Updated
Castor Maritime Inc is a provider of seaborne transportation services for dry bulk cargo, including iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others. The firm operates under two reportable segments namely Dry bulk; Aframax/LR2 tanker; Handysize tanker and Container ship. It generates maximum revenue from the Dry bulk segment.
Investment Update - Not Financial Advice
Date: April 8, 2024
Company: Eagle Bulk Shipping Inc. (NYSE: EGLE)
News: An insider at Eagle Bulk has purchased shares worth $11 million.
Market Data:
Shares Outstanding: 9.65 million
Market Sentiment:
The market sentiment remains bullish. However, be cautious as a market correction could potentially undermine this trading strategy.
Key Levels to Monitor:
Resistance Levels: 4.7, 6.5, 7.2. A break above these levels may indicate potential for further upward movement. Consider taking partial profits at these points to secure gains.
Stop Loss: Set below 3.0 to manage risks.
Target Price: Approximately 8.5.
Additional Information:
Detailed information and further insights can be found on the associated trading chart. Stay vigilant and monitor market conditions closely.
Reminder: Trade carefully and make informed decisions.
Investment Update - Not Financial Advice
Date: April 8, 2024
Company: Eagle Bulk Shipping Inc. (NYSE: EGLE)
News: An insider at Eagle Bulk has purchased shares worth $11 million.
Market Data:
Shares Outstanding: 9.65 million
Market Sentiment:
The market sentiment remains bullish. However, be cautious as a market correction could potentially undermine this trading strategy.
Key Levels to Monitor:
Resistance Levels: 4.7, 6.5, 7.2. A break above these levels may indicate potential for further upward movement. Consider taking partial profits at these points to secure gains.
Stop Loss: Set below 3.0 to manage risks.
Target Price: Approximately 8.5.
Additional Information:
Detailed information and further insights can be found on the associated trading chart. Stay vigilant and monitor market conditions closely.
Reminder: Trade carefully and make informed decisions.
Trade closed: stop reached
damn! need to get better in entries and SL settings
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