TradingView
IboProtrader
Apr 4, 2022 4:20 PM

$GSL Buy the dip  Long

Global Ship Lease Inc NewNYSE

Description

- global supply chain issues
- high rates in shipping locked
- 2022 estimates:
590M revenue
32% YoY revenue increase
65% YoY EBITDA increase
332M free cash flow
- either it should rebound from the support line of the channel or decline more towards the 200SMA where the entry point is even sweeter.

This is a nice BUY setup IMHO that satisfies both short term and long term factors
More