Long - swingEnter with buy stop as long as the stop is not violated before the entry stop limit is triggered. No profit target, on entry trail with higher lows
CMRE trade ideas
Risky buy pointThe ideal time to buy was when the stock price was $11.77. It's a bit late now, but if you're lucky, you might see decent results. Invest only small amounts of money and keep your stop loss tight.
If the stock price exceeds $18 with high trading volume, it may be a good idea to purchase additional shares.
CMRE: Looking to Bullishly Breakout with the Dry Bulk IndexCostamare has a history of following the moves of the Baltic Dry Index which tracks the charter rates of various different Dry Bulk Ships and recently we've seen BDRY (the ETF that tracks the BDI) double in value and it has taken many marine shippers up with it but CMRE despite trading at good valuations is yet to move out of its trading range which is typical for this stock as it usually moves just a bit slower than the BDI.
When comparing the two you can see the BDI has already broken out and is heading for the highs but CMRE has not made any meaningful moves up, however it is attempting a breakout with some hidden bullish divergence it formed at the previous support and is now above the 55 and 200 week moving averages.
If it follows the move the BDI has made we could see CMRE come up to test the 61.8% Retrace at $16.62 or the 0.886 at $22.45 at this point in time that would open up the possibility of an ABCD move being completed to the upside that could lead it all the way up to $38.40.
I will leave below some Related Ideas within the sector and the chart of the Baltic Dry Index ETF (BDRY)
CMRE LONG potentialWhen CMRE reaches over and stays over the recent negative Trend, it could continue the ongoing Trend from the last months.
stays over 200MA and 200EMA
breaks negative Trend
goes back to the positive Trend
breaks 12.26$
looking for higher Volume if breaking through resistance
Costamare Inc. Announces the Conclusion of Two Shipbuilding ContCMRE: Costamare Inc
2021-12-09 07:58:52
Costamare Inc. Announces the Conclusion of Two Shipbuilding Contracts, the Exercise of Options for Six More Shipbuilding Contracts, Charter Agreements for All Eight Newbuild Containerships and the Acquisition of Seven Secondhand Dry Bulk Vessels
$CMRE - strat - bullish Daily, 2u bullish
Weekly 2,1,2 reversal
Monthly, coming off a large green three
Going long
CRME callPracticing making predictions. So far I am 4 for 4 but holding myself accountable by publishing them. Public humiliation is a great counter balance to cockiness.
$CMRE:NYSE - COSTAMARE INC - Containership CharterCOSTAMARE has had a good run over the last 3 months and is back at a previous resistance area with a couple of levels of support below. Currently trading at $8.40. If it pushed $8.50 I'd be quite interested. Could be worth a look.
Costamare Inc. (Costamare) is a holding company. The Company is an international owner of containerships. The Company is engaged in chartering its vessels to various liner companies. The Company provides marine transportation services around the world by chartering its container vessels to liner operators under long, medium and short-term time charters. As of March 10, 2017, the Company had a fleet of 69 containerships with a total capacity of approximately 456,000 TEU, including five newbuilds on order. The Company's fleet of vessels includes Cosco Guangzhou, Titan, Cosco Yantian, Valor, Valiant and Maersk Kobe. Its subsidiaries include Adele Shipping Co., Bastian Shipping Co., Cadence Shipping Co., Jodie Shipping Co. and Kayley Shipping Co.
Costamare LongWer den Einstige bei 6,92 USD verpasst hat kann nach Bruch und Bestätigung der 8,41 USD noch einen Long Einstieg wagen. SL dann auf 7,48 USD und erstes Ziel bei 9,84 USD und darüber hinaus bei 11,82 USD.
Upward ChannelPossible long position in an upward channel. Need to wait a day or so to see what the price does and recheck risk reward ratio.
breakout for CMRE?It looks like CMRE has broken out of the channel, but the breakout isn't exactly convincing... too risky for the moment? What would you want to see/know/hear before risking cash on this one?
Trended sideways for two weeksMonitor for buying interest towards target of US$6.50, US$6.64 and US$7.07.
Support: US$5.96, US$5.71
Trade #001 mining and petrol sector rallying going long on 6 value stocks currently showing signs of strong momentum
Long:
$TRQ $SWC $FXC $F $CMRE
