Entry - at 48 SL - 46 TGT - 52, 58, 62 This is not a recommendation on buy/sell. Please consult your financial advisor before any investment.
ZIM is looking beautiful for another leg up and is currently sitting just below the 200 EMA. First target is the gap at $17.50
Strong RS Consolidating with Low Volumes since 75 days Fundamentally Strong Price Squeezed Really Tight
Conchin shipyard after a 100% rally entered consolidation phase afterwards. During the previous week bulls were able to close it above a recent resistance of 1120 making a strong candle. Stock becomes a buy above 1130 with a target of 1300 and stop loss below 1050
Shipping can be used a leading indicator to gauge where the market as a whole is going. Just like the XHB the home building chart, I don't trade this. I only use it a guide to get a into the drivers of the market. If shipping is up, then the markets will follow, is building up, so too will the market. As we can see, shipping made a low last year in September and...
SBLK - looks like Wave 4 is almost complete. We are waiting for the wave 5 of C
SBLK - looks good: STOCH-RSI - reset Volume - reset Momentum - reset
ASC is profitable, it has been delivering >5% EPS growth in the past 5 years and is projected to deliver >5% EPS growth in the future. Debt/Equity ratio is <0.8x. I like it when it is less than 1x which means there is some liquidity there. The shipping industry has been performing really well in the past couple of years due to rising shipping rates despite low...
NSE:SCI is now near to its major support level. My idea is to take buy entry at level of 115 with stop loss of 105 (-10 points). My expected upside target will be 122 & 133. Note: This is my personal analysis, only for learning. Thanks.
$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...
NYSE:ZIM I see ZIM stock fallowing Baltic Dry Index with a lag. As we observe a bounce in BDI we can expect the same in ZIM stock price. From a technical point of view the same thing. We are now in wave 5 of an impulse wave down. which could also be done. So from wave analysis point of view we can expect a correction up, most likely to the minor...
ZIM Integrated Shipping Services Ltd. ( NYSE:ZIM ) Sector: Transportation (Marine Shipping) Market Capitalization: 4.408B Current Price: $36.09 Breakdown Price: $33.90 Sell Zone (Top/Bottom Range): $40.75-$51.80 Price Target: $19.50-$15.80 Estimated Duration to Target: 86-91d Contract of Interest: $ZIM 12/16/22 30p Trade price as of publish date: $2.50/contract
It looks to me as if RCL is a corrective move to the downside. RCL is interesting as price action brings the actively traded value of the stock down to 37 Baht, some 30 Baht away from it's all-time high. Despite convincingly bearish PA since August of 21' RCL has posted great profits, with higher revenue and somehow, a higher profit margin every quarter. Their...
Quarter Positioning 250 USDs Avg Price: 71.09 Stop: 64.70 Risk: 9% Stock is showing relative strength vs market and vs other shipping stock. Portfolio today reversed so still playing very very small. Im glad I took profits on my oil stocks at the gap at the open. Overall exposure: 12.85%
Safe Bulkers, Inc. ( NYSE:SB ) Sector: Transportation (Marine Shipping) Market Capitalization: $571.751M Current Price: $4.72 Breakout price: $4.85 Buy Zone (Top/Bottom Range): $4.20-$4.35 Price Target: $5.55-$6.00 Estimated Duration to Target: 287-295d Contract of Interest: $SB 1/20/23 5c Trade price as of publish date: $0.80/contract
Star Bulk Carriers Corp. ( NASDAQ:SBLK ) Sector: Transportation (Marine Shipping) Market Capitalization: $3.267B Current Price: $30.65 Breakout price: $32.00 Buy Zone (Top/Bottom Range): $30.55-$26.80 Price Target: $39.60-$40.00 (4th) Estimated Duration to Target: 225-232d (4th) Contract of Interest: $SBLK 11/18/22 30c Trade price as of publish date: $5.00/contract
Diana Shipping has an Ending Diagonal. The ending diagonal is wave 5. The pattern is active, this is mean that we have change in polarity and the target is at least 38.2% Fibonacci.
Nice bounce and support setting. Should hit $100 with technical and macro indicators pointing higher.