By the graph included, we can see that Asian container freight rate prices are skyrocketing. This is due to disruption & stock. This is good sign for the overall economy, means not in recession. With news that Trump is being called the next prez will #oil trend lower? Maybe one can offset the other? LSE:INDU SP:SPX NASDAQ:NDX AMEX:USO
Castor Maritime is a Maritime Shipping stock that's been on my radar along with its falling wedge, but I have only just recently gotten interested in entering after seeing the quarterly earnings finally start to turn around along with seeing the price action finally test the 21-week SMA as support. With all of this being done it is worth considering the fact that...
ZIM and the shipping industry has just come out of a massive bubble and all shipping lines are finding their feet. ZIM made earnings last quarter which was one of the roughest yet.. the recent GRI of around $600/FEU Trans-Pac should put carriers back into the green and they will try their best to hold rates around this level via blank sailings and volume control....
or this may be a 2B double top extension. (see Bitcoin Nov-2021 2B top, or see Gold-ounce double top from Ukraine tensions in Spring 2022) I think that the coal new paradigm pump is a sell the news event, energy supply tensions are easing and in the USA the domestic stress of a Rail Workers Union strike will be resolved within weeks. Strong Supply...
$ZIM is in for a long 3 quarters with global freight rates in the gutter but after a 75% move down and a really nice reaction to the last major level ($18-19) the major HTF bull div has a shot at playing out. Specifically with wall-street running away as the massive dividend is likely to be cut in Q1 (who cares) The main thing to consider is if this is a hold or...
I have created this chart based on analytical ideas of Raoul Pal. The idea of this chart is to show that we can expect a decline in gross domestic product (GDP), based on looking at the rail car freight decline. We have seen one of the sharpest declines in rail car freight. On top the leading indicator for the GDP the ISM (from the Institute for Supply Management)...
FREIGHT has a chance of small rebound on both parallel channels if breakthrough 0.91. Not strong as RSI is below 50. Take profit anytime with 8-10% profit as it is heading for a retracement.
harbour higher low start moving up, my first target is rm1.69 and second is rm2.00
Long term still long AF on ZIM but it seems we have gone up too fast for a traditional stock and rejected all time highs. I see a short term correction based on MACD and RSI needing a cool off.. Dips continue to be for buying until something changes on a macro level so I am looking to long support around $44. Freight market insight www.nytimes.com www.reuters.com
This is an update on my long up almost 50% and climbing.. resistance at ATH $49.50 next, then baby resistance at $52ish, then open air to run! People are now paying $30,000/container this shit is insane - they are gonna crush earnings until the market corrects which is looking like never haha
Despegar.com, Corp., its an online travel company that provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates through two segments, Air; and Packages, Hotels and Other Travel Products. The company offers airline tickets; travel packages, hotel rooms, car rentals, bus tickets,...
Container Shipment Is showing strength on the chart as displayed. (Just for information purpose, please consult your advisor before making investment)
Chart says it all. Should trade up into earnings. Once the Amazon engine deal starts paying dividends they'll have some real earnings. I assume this is the first of many orders. Hopefully will use 21-day EMA as support going forward. Natural gas engines are more environmentally friendly so it will help companies reach emission and ESG goals. seekingalpha.com
Hi. In this 1D chart I've done my first attempt at plotting an Elliott impulse wave and its corresponding correction wave. If the right shoulder makes itself clear and the correction does proceed roughly as shown it would be a pretty clear sign of a new impulse wave starting. Any points after (5) are speculation and should be treated as unsure and unfounded...
RSI could cross the center line within the coming week and with the Ichimoku cloud having turned green on the first of march a bullish trend shift could be emerging. The only detriment to this projection is the height of the MACD . If it breaks off the signal and downturns the price could follow and return to bearish. The long position on the chart is an...
FREIGHT Rst: 1.29 Spp: 1.17 Latest 3 candles shown the stock reluctance to give up its strength below upper BB, with healthy volume continued to emerge, with support of bullish indicators, further strength will follow.
Sideways trading channel of price action with RVI in the mid-range as well. Volume starting to drop down as we start to enter earnings week. More investors will start to reduce their exposure to risk this week.
After broke $103.8 out, hit the 100SMA and went back below buying point. It hold above 20SMA. RSI is still above the trend line so i would consider to be long after break out of $103.8 again. 12 months Consensus Price Target: $111 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own...