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DAC: Bullishly Breaking Out of Flag Along With Charter Rates

Long
Danaos Corporation (BATS:DAC)  
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BATS:DAC   Danaos Corporation
Trend Analysis Chart Patterns Fundamental Analysis charter charterrates BDI BDRY Bullish Flag maritimeshipping containerships
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trendanalysis chartpattern fundamental charter charterrates bdi bdry bullishflag maritimeshipping containerships
The Danaos Corporation has developed an Inverted Head and Shoulders on the RSI, during this time it has also begun to Bullishly Breakout of Bull Flag alongside the global charter rates and is likely to continue up to atleast make a 38.2% retrace so long as charter rates continue to rise.

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