NASDAQ:GOGL   GOLDEN OCEAN GROUP LTD
159 3 5
Dry shipping is breaking out.
Golden ocean group             is a major player in this industry.
The Baltic Dry Index is now above 1000.
Prepare for a massive move.
Comment: It has broken out to the upside. Huge move ahead.
Comment:
Golden pattern


After successful breakout, I expect price to reach 14 before a longer correction.
Comment: Today's closing will be interesting.
Comment: BDI has gone from 290 in February to 1231 now. That is a 325 % increase. Look at how the stock has just consolidated in the same period. Today's drop is just transferred effects from nervous people long DRYS - a merely techincal one. It serves its purpose; to scare investors from holding GOGL shares.
Earnings ahead today as well. What is expected impact?
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Viking83 PRO thekevgibson
@thekevgibson, Earnings are released 22nd. Expected impact is limited.
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Watching as well. Got a small position in when you posted at $4.57. Thanks for the tip
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