dzygadlo

SB making its breakout

Long
NYSE:SB   Safe Bulkers, Inc
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I had set a marker that if SB crossed up the 3.5 price, then we had a chance for a breakout. Well that happened a few days ago and the price has been climbing with good volume . the first test will be at $4.43 as there's been resistance here previously. But it is passes through that it should keep climbing and my short term target is $5.32.

I have options at $5 October priced at .20 and I'm hoping to make a nice profit on this.
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!

Good luck and I'm always interested in what you think.