Ctrmbuy
IMPORTANT day for CTRM Castor Maritime has to close above 1$Important day!! 10/10 days that we have to close above 1$ to keep it at NasDaq. But...! Only buy at the end of the day to let it run to our target. The closure above 1.00$ is the most important. What happens throughout the day is unimportant in my opinion!
I have taken a close look at this company. In my view, the rise will continue uninterrupted unless the entire market has a dip day that pulls CTRM down with it, but that is a healthy correction. The company continues to purchase ships, which will be very good for their revenue stream in the long run. However, the earnings that are released on 3/3 may disappoint somewhat, because of the purchases the cash may be lower or the debt may be higher. Depending on how they bought it. There is enough cash, but long-term loans are also possible to finance these purchases. I am very positive about CTRM so i will keep them for the long run. From 1 dollar a lot is possible in a positive way. For example, look at the increase in Fuel Cell stock (FCEL), 1000% within 6 months. I see something like this possible with CTRM.
US Stock In Play: $CTRM (Castor Maritime Inc)$CTRM surprised with a further soar of +45.38% after the shipping specialist announced the purchase of new vessels. The most recent round of accumulation was previously highlighted on 2nd Feburary, with total gain achieved by $CTRM for 2021 stands at +811.01%.
The accumulation of $CTRM was first reflected on 4th December 2020, followed by various rounds of stronger buy pressure experienced on 30th Dec 2020, 5th Jan 2021, 11th Jan 2021, 21st Jan 2021, 27th Jan 2021 and 5th February.
At the current junction, $CTRM exhibited a similar Bearish Spinning Top candlestick pattern that was printed on 28th January 2020. Further negation of this short bearish signal requires $CTRM to clear $1.95, with the immediate resistance ahead set at $2.40
US Stock In Play: $CTRM (Castor Maritime Inc)$CTRM continues its momentous ascend of share price with an overnight rally of +14.53%, closing at its 7 months high of $0.71. This accumulates to a total gain of +272% since the start of 2021.
The accumulation of $CTRM was first reflected on 4th December 2020, followed by various rounds of stronger buy pressure experienced on 30th Dec 2020, 5th Jan 2021, 11th Jan 2021, 21st Jan 2021 and 27th Jan 2021.
At the current junction, $CTRM remains inside a Bearish Spinning Top candlestick pattern that was printed on 28th January 2020 due to news of restricted trading on $CTRM for being one of the reddit’s WSB target. The negation of this short bearish signal requires $CTRM to clear $0.90.
