Pianist8
Long

DSX: Downtrend vs. Stochastic

NYSE:DSX   DIANA SHIPPING INC
dsx
12 0 0
dsx
DSX: Downtrend vs. Stochastic

Old, but popular proverb says: trend is your friend.
However, a considerable number of market participants sometimes try to test it on their accounts.
One of the indicators that help trade countertrend is Stochastic .
Currently there is a bull signal on DSX             . It is worth             adding that the security is close to support level (7.73$).
The next long target is 9.18$.
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