DSX Coiling UP!
This is a very simple trade setup. After breaking out of a 14-year channel DSX has been consolidating for 2 years plus!
It now looks poised to push higher. However, this is NOT a trade you will make money in a day or a week. This is a the type of trade, where you accumulate over time, enjoy the 17% dividend, and forget about it.
DSX is in a bottleneck industry that will one day suddenly just explode. if you have room in your portfolio to fit this Buffet-style value stock, I think it will serve you well over time.
I have always been in love with bottleneck value stocks, they are the types of stocks that really make a huge difference to your net worth over time. However people hate them because they are boring, so the chase silly meme stocks. SMH!
It now looks poised to push higher. However, this is NOT a trade you will make money in a day or a week. This is a the type of trade, where you accumulate over time, enjoy the 17% dividend, and forget about it.
DSX is in a bottleneck industry that will one day suddenly just explode. if you have room in your portfolio to fit this Buffet-style value stock, I think it will serve you well over time.
I have always been in love with bottleneck value stocks, they are the types of stocks that really make a huge difference to your net worth over time. However people hate them because they are boring, so the chase silly meme stocks. SMH!
Real Macro Economic Investing
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