BDRY the Dry Bulk Shipping ETF, which is tied to the Freight Rate Futures Contracts of the Various Ship Sizes, is now looking to rise again as both the Import and Export prices continue to rise, especially within the Natural Gas and Fuel category. We have Confirmed Bullish Divergence on the RSI, MACD, and PPO; all while the PPO has begun to give us a Bullish...
It has an extremely strong support level around one dollar and huge, huge potential for growth. Although it continues to have problems to be profitable (in net terms), I consider that its fleet, its geographical distribution, its orientation towards "ECO" tankers, its continuous increase in income and assets, make it a strong competitor in the sector. Among...
Okay this thing blasted off yesterday/today and probably will again (who knows really) I'm probably going to buy a little more when I feel safe after this dip. Any questions/comments appreciated. Thanks.
Carnival is tanking fast and it's all hands on deck. All technical indicators say to sell and as trend traders; we trade the trend instead of going down with the ship!!
Pure Speculation: Hedge Fund opened a $1.6M position on 04-09. This is close to the all time low and that's a huge stake in a relatively small company. With past history of Hedge Fund purchasing before huge price action, I am willing to bet a few dollars. Also it seems like a legit company. You can even track where their ships are in real time! www.seanergymaritime.com
Matson stock has done an Ascending Triple Top Breakout. An Ascending Triple Top Breakout on a P&F chart is characterized by 5 columns. Of those 5 columns, three are X-Columns that ascend with each breakout, and the other two O-Columns are in-between the X-Columns. Notice the P&F volume chart below that shows the buy side volume is climbing nicely as each previous...
Teekay Tankers stock is in a giant Energy Field pattern where the energy builds as the stock consolidates over a long span. The chart shows that the stock is now in a continuation pattern (purple) as it tests critical overhead resistance. Teekay Tankers trades in the Shipping & Ports industry which is turning around. The P/B of 1.25 suggests the company’s market...