CT CTRM jumped about 20% with earnings in my idea published as that was occurring. It is now in consolidation for two days on the 30 minute chart in what appears to be a high tight bull flag pattern. These patterns are typically predictive of a bullish continuation with decent reliability. The continuation can can be as much as the height of the flag pole...
On the 15-minute chart, I see CTRM as being well-positioned among traders for high volatility on the report of earnings. The pump today has printed a tight flag pattern with consolidation this afternoon. If earnings are okay or even better I see this penny stock making another 10-15% move just like today. If on the other hand, if there is a miss, a drop of...
Hello everyone! Trading as a Business here! CTRM longs are brewing. Are you prepared?
Castor Marine MC is less than half of assets. Meanwhile, they have record revenue and profits Q over Q and Y over Y. In short, they're making a killing. They ended their ATM in June. There is no need to raise additional funds and can easily make plays for additional vessels with cash flow. The company is likely considering dividends at this point and should be...
Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 44.83 ✨ It means if you risk here 100$ you may make 4483$ Not bad, huh? Revenue of $54.64M (+683.9% Y/Y). EBITDA $27.9M for the three months ended March 31, 2022, as compared to $2.6M for the three months ended March 31, 2021; and Cash and restricted cash of $84M as of March 31, 2022, as compared to...
Hi there, Yurii Domaranskyi here. Today here I've no time to write about fundamentals. But it's great! Check it out yourself! Risk vs Reward = 1 to 50.67 It means if you risk here 100$ you may make 5067$ Not bad, huh?
CTRM is coming off of 52wk lows in an ascending triangle with dramatically improving financials. PTs are green horizontal lines using volume nodes and then the large gap in the $6s and lower $7s. Golden cross estimate for later this month placed on chart. GL!
It could hit $2.75 as long as it stays above that blue trend line. It can go back down if it closes below that blue line.
$CTRM Shipping company Worse case 👉🏻 Don't break resistance , back down to $1.50 area Best case 👉🏻 Break $1.95 and hold , we'll see more upside IMO The only thing going for diluted shipping companies is that the business is high in demand atm!
Since the R/S CTRM has dropped hard, and I suspect it is heading down to close the smallest gap I’ve ever seen but nonetheless still a gap. While it is true that not all gaps needs to be closed before price can move in another direction (all depending on the different types of gaps) this gap however I do believe will be closed. It is lined with orange color. CTRM...
Entry and take profits in green zones, Daily candle broke over the 100 MA. What do you think? Leave a comment below.
last year players are popping up again, time will come to this stock as well. It can be anytime soon...
$CTRM Target 1.17 for 63.75% Or next add level is at .26 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before...
We will have fun with this ride. Maxim Group LLC prob will help this company not to get removed from NASDAQ. So, we know the result and have fun.
It appears that CTRM is poised for a reversal based on the formation. I have made my first entry and wait on confirmation on my second entry. I will be setting a stop loss if it breaks south of the support. Not investment advice, just what I am doing.
Mission Statement: We are a growth-oriented global shipping company engaged in the seaborne transportation of a wide range of commodities along worldwide shipping routes through our ownership of dry bulk and tanker vessels. Recent News 1. Limassol, Cyprus, April 9, 2021 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global...