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jevanss25
Aug 1, 2022 7:26 PM

DSX - Longs Long

Diana Shipping inc.NYSE

Description

Got in DSX today

Technical
20 EMA crossing 50 and 100 EMA recently
Strong RS rating
Strong Volume after earnings

Risk
Dry Bulk shipping index declines
China situation could cause a general wider correction

Fundamentals;
Many contracts are Time Charter contracts expiring soon - these should be renewed at better rates and provide an earnings boost
Nice solid earnings recently
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