zAngus

DANAOS Still In Beast Mode. Just Cracked 2000% Gain For The Year

Long
zAngus Updated   
NYSE:DAC   Danaos Corporation
DAC is in the business of operating containerships around the globe and has been one of the best performers stock price wise over the last 12 months. They are sill a sub $100 stock which is in the sweet psychological spot for retail traders still.

Could be worth a look.
Comment:
How To: Trading DAC with a Trailing Stop Loss.

DAC is quite volatile so you can see you would have needed close to a 27% trailing sell to stay in the trade.

Comment:
Righto, we have had our 10% pullback into value as expected so time to look for entries again if it's a stock you are interested in.

Comment:
We are past earnings and back up above the 20 day moving average so that could be a good sign. MACD has crossed and histograms building,


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