SHIP
SHIP Retraced...Now What?SHIP retraced back to the 50 fib finally, bounced and now attempting to get back to the 236 area but recent volume has ben lighter than in previous weeks. As it approaches this area yet again, I think volume will ultimately dictate the next move. Sure, you've got supply chain bottlenecks and higher prices for shipping specifically to Capesize vessels. However, industry fundamentals have their tipping points.
Seanergy isn’t vocal via its newswire; however, its Twitter feed has become a soapbox of sorts. The company has made it known that there’s a significant value in Cape vessel rates right now. A recent tweet explained that cape vessel rates were $75k/day and that “SHIP has unique benefit through index-linked contracts for most of the fleet.”
Other than that, SHIP stock price movement has reflected a similar tone in a direction that other reopening stocks have seen.
SHIP Stock Forecast
Maxim is the most recent analyst to weigh in on SHIP stock. The firm upgraded its rating to Buy and announced a $2.50 price target . Based on open prices on October 8, this target is 78% higher.
Under the hood of RIG with an eye toward 7/16big brain time, fintwit...
How is WISH going to deliver orders without oil and boats or whatever?!
Spoiler alert: they're not.
Enter: RIG (honorable mention: SHIP)
At heart, I guess RIG is an oil play.
As usual I'm going to spare you the deep RIG backstory and assume that you found this idea because you've already done some research of your own.
There's been a lot of insider buying happening with RIG recently and it looks like the chart is in a nice pattern too.
Don't forget, none of this is financial advice and I'm on my second June Shine of this Sunday afternoon. Moving on.
In my perfect genius opinion, a FAVORABLE CHART + INSIDER BUYING reflects positively on the probability of RIG breaking out above 4.80 and fighting for 5.00 before the July 16 options expiry date.
I threw up some options data as well, I probably won't update those numbers past today (Sunday 06/27/21), so do your own DD.
Anyway, you guys are my best friends. Bye.
$SHIP Target 1.72 for 38.71%$SHIP Target 1.72 for 38.71%
Or double position at 0.76
So I think TV made it to where you can't see the profit potential percentage easily so I'm just typing it out. Too bad... that was a nice feature.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
$SHIP Target 1.72 for 38.71% $SHIP Target 1.72 for 38.71%
Or double position at .76
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
ADDED to $SHIP Target 1.72 for 38.71% $SHIP Target 1.72 for 38.71%
Or next add level is at .76
@LucasWilms -->. I added here today. New target. ☺️
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$SHIP Target 1.82 for 35.82% $SHIP Target 1.82 for 35.82%
Or next add level is at .86
I didn't add here... just cheering ship on... target still 1.82
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$SHIP Target 1.82 for 35.82% $SHIP Target 1.82 for 35.82%
Or next add level is at 0.86
I did not add here today. Just charting and Targeting and organizing.
@Alecw645 this one's for you. I have a position here and am down but here's what my setup looks like. I'm not holding TOPS at the moment but give me your average and I'll get a plan going for you!!
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
It is written - CCL to $31+Draw whatever targets you prefer. Cup & Handle, Bull Flag,Inverse H&S, you name it. Excited on this one, entered in 21s.
All else aside, people want to cruise. Combine business fundamentals with technicals (including CCL $8B+ in cash as of 9/30/20) this could be a home run.