CTRM Castor Martime INCIts definitely worth the investment, but we are still awaiting further signals
CTRM trade ideas
CTRM preparing for a larger runHuge volume and interest on CTRM over the last few days. The stock also has very solid fundamentals wit an intrinsic value of 5-10$ Short term look to sell around 1-2$, longer term around 10$.
CTRM PT predictionExpecting CTRM to break up and touch 1.1$ in the coming weeks based on the chart pattern
CTRM CTRM: There are monstrous volumes that call a short coverage of the area of 0.5 $ or even 0.7 $ .... If we think that alongside this we can have some very good news regarding the bailout situation that the Biden government since January 20 will have full control of the situation in America .. Something important can happen ... attention 1 $ is within reach ....
$CTRM Castor Maritime Inc- Breakout Trade
Potential day trade with a move above the pivot high @ $ 0.9050
Volume resistance above is limited,
Small caps hot .
Please see resistance levels and pivots as targets . $1.42 would be amazing.
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CTRM moving lower amateur analyst, after finding the highs and lows and how they make up for the newer high and higher lows, based on the long body bearish ticker towards the end of the trading session and how it completely overtakes the bullish candles before it, it seems most likely this stock is entering a bearish position for the rest of this week.
CASTOR MARITIMECastor Maritime Inc. Announces $15.3 Million Debt Financing to invest the Company's growth plans.
It might be a Bottom Saucer or Rounding Reversal Pattern.
Based on Technical And Fundamental Analysis the idea is to go long.
$CTRM - Castor Maritime 40% upside
Castor Maritime, Inc. engages in the provision of shipping transportation services through its ownership of dry bulk vessels. It offers seaborne transportation services for dry bulk cargo including iron ore, coal, and grain, collectively referred to as major bulks; and steel products, fertilizers, cement, bauxite, sugar, and scrap metal, collectively referred to as minor bulks. The company was founded by Petros Panagiotidis on September 12, 2017 and is headquartered in Limassol, Cyprus.
CastorMaritime BULLISH-Bullish signs on the D-CHART
-Expect it to go at least TP1 0,3655
Feedback or thoughts in the comments.
NOTE:
NO FINANCIAL ADVICE. THIS IS JUST MY OPNION.
Buy at 0.18 - 0.19 , sell at 0.25 centsvolume is going to increase monday, I can see that in friday negative force index was decreasing
CTRM Long Movement Looks like CTRM formed a bearish descending triangle pattern, but if it does breakthrough support at @~.1698 we can expect its movement to hit the trendline moving up or it might breakout soon from its current position.
CTRM seems bullish?spotted a light bullish cup with handle pattern as well as the price movement riding the trendline up. maybe a potential gain over this week.
Castor Maritime Procures Panamax Dry Bulk Carrier For $12.75 MilCastor Maritime Procures Panamax Dry Bulk Carrier For $12.75 Million
themarketsignal.com
Castor Maritime Inc. (NASDAQ:CTRM) appears to be a bullish stock with a RSI of 24.40. The company, on July 30 signed an agreement for procuring second-hand bulk carrier for a price of $12.75 million. This is the panamax dry bulk carrier, 2010 model, built in Japan. This bulk carrier will be procured by Castor by Q3-2020 end or by the beginning of Q4-2020.
Earlier, the company had raised funds, stating that net proceeds generated from share sale will be used for vessel acquisition. Castor Maritime is moving ahead in line with its renewal and expansion plan that was pre-decided in 2019.
Castor Maritime Procures Panamax Dry Bulk Carrier For $12.75 MilCastor Maritime Procures Panamax Dry Bulk Carrier For $12.75 Million
themarketsignal.com
Castor Maritime Inc. (NASDAQ:CTRM) appears to be a bullish stock with a RSI of 24.40. The company, on July 30 signed an agreement for procuring second-hand bulk carrier for a price of $12.75 million. This is the panamax dry bulk carrier, 2010 model, built in Japan. This bulk carrier will be procured by Castor by Q3-2020 end or by the beginning of Q4-2020.
Earlier, the company had raised funds, stating that net proceeds generated from share sale will be used for vessel acquisition. Castor Maritime is moving ahead in line with its renewal and expansion plan that was pre-decided in 2019.
