Inverse H&S with Reversal Divergence!This one popped up on my screener some weeks ago. Great earnings and has had a nice run so far this year, chart hasn't been ready for another push until this week. Nice 2 hr vector above the 200ma set off my alert. I took a small position today.
Good Luck and Happy Trading!
OnePath
SHIP trade ideas
Ascending triangle break out to upsideThis is an amazing risk reward ratio. After this breakout i took a long position on it. The EPS and the PE ratio is getting better. I like 100% profit plus potential stock trades. After that i'll move my stop loss according to my trading plan rules.
I am sorry if chart dont load a lot of historical data... i think you should go and reseach it on the search bar and load the full daily version.
Lets see if 1.58 holdsI have been in and out several times. it is really slow, which testing your patience. a lot of manipulation and sell high too. I have the impression no one wants to hold it for too long.
I am holding on to it and see this time if it can go above 1.58 level.
Good news, it gives now a 0.05 dividend and CO.s profit is up.
Plus war and air shipping risks, plus energy cost is up. All those factors make shipping business look brighter.
In conclusion, maybe it is a hold, or simply a wishful thinking.
SHIPA favorite of mine for a couple years now!
This is my #SHIP trading story.
Holding long term is always going to be safer for most, but this is how I stayed active ( but not too active!!) on ship.
I'm not a day trader.
I'm a swing trader and opportunity seeker!
I've been in 3 times and made money on the first two.
It started as a risky pandemic stock / pump to be honest.
I always kept a few shares and took some profit as well.
"free parking" at times - Why dump all of something that feed you?
Since then, the company is doing better.
4 straight green earnings periods!
Looks like we helped each other out in a big time of need.
Funny how that works out !!
I think now is another good entry!!
#tripledown
Thanks Kaz
SHIP 1Mtest
Seanergy Maritime Holdings Corp. operates as an international shipping company. The firm engages in seaborne transportation of dry bulk commodities. It focuses on owning and management of fleet of Capesize bulk carriers. The company was founded on January 4, 2008 and is headquartered in Athens, Greece.
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.
$SHIP Target 1.72 for 38.71%$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.
—
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
—
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. ☺️
—
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
—
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!!
—
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 MAJOR BUY/LONG Position Technical Analysis
1. Head & Shoulders
2. Double Bottom
3. RSI Oversold on Monthly Timeframe
4. Market Current at Fibbonacci 0.618 (Golden Zone)
5. Market expected to break out hit EMA then go back down to retest
6. 1st Market Take Profit at Keylevel as well as Fibonnacci 1st Take Profit Level of 1 which also sits on the Keylevel.