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dzygadlo
Aug 27, 2021 2:44 PM

SB making its breakout Long

Safe Bulkers, IncNYSE

Description

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.
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