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MPC CONTAINER SHIPS ASAMPC CONTAINER SHIPS ASAMPC CONTAINER SHIPS ASA

MPC CONTAINER SHIPS ASA

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MPCCO trade ideas

MPCC - MPC container ships - ready soon (?)Another very interesting candidate especially giving the high dividend yield that the company pays to their share holders. My analysis indicates a wave 2 of wave 3 (one degree higher up) will soon come to an end. The price action doesn´t look like it is ready just yet though price is inside my designated target area where a turn could happen. I would like to see a clearer divergence and the RSI to break out of the RSI range between 45-55 on the daily time frame. Also, the price didn´t bounce from the 50% fibo level but instead stopped in between 38-50% which indicates that more downside will come. Stay patient and wait for a very good chance to buy the stock for cheaper prices.
OSL:MPCCShort
by Staggi10