Company used financing to expand fleet, the dry bulk industry is primed for a bounce back year after Covid-19.
The stock is near alltime lows, in a downward trend. However it has strong support! The chart pattern is a falling wedge bullish reversal. A breakout is strong.
The company had a rough couple years, they made a few mistakes, and the world shutdown. However moving forward the company is in position for expansion, growth and investment.
This is a long term stock to own.
Currently $2.95 With Targets Up to $100
The stock is near alltime lows, in a downward trend. However it has strong support! The chart pattern is a falling wedge bullish reversal. A breakout is strong.
The company had a rough couple years, they made a few mistakes, and the world shutdown. However moving forward the company is in position for expansion, growth and investment.
This is a long term stock to own.
Currently $2.95 With Targets Up to $100
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.