7CPA trade ideas
$CPLP can rise in the next daysContextual immersion trading strategy idea.
Capital Product Partners is a shipping company, which provides marine transportation services in Greece.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $9,57;
stop-loss — $8,89.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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$CPLP long term dividend play off the $2.00 support!CPLP - Capital Product
This is one of my long term dividend holdings that I picked up on Friday (4,000 shares). It pays a 15% annual dividend with a solid and mostly stable chart.
Biggest reason for my entry is this fantastic hold above 2 dollars. My true test is a move above $2.40 and that next wedge resistance, but I'm willing to risk the entry early.
My entry of 4,000 shares was at $1.27 on Friday, February 8th, 2019. More info at wingtrades.com
CPLP (Bullish Penny Stock)Business Description
Capital Product Partners LP operates as an international shipping company. It engages in the seaborne transportation of cargo, including crude oil, refined oil products, such as gasoline, diesel, fuel oil and jet fuel, edible oils and certain chemicals such as ethanol as well as dry cargo and containerized goods. Its fleet consists of vessels, suezmax crude oil tankers, medium range tankers and capesize bulk carrier. The company was founded on January 16, 2007 and is headquartered in Piraeus, Greece.
On tradeking.com:
6 Buy/1 Hold
*This will be one on my (Penny Stocks <$5.00) long term bullish plays. Like always, please do your own research and make a plan and trade your plan. *Will be doing call options and monitoring PRICE ACTION, as to when it breaks noted Triangle on chart.
CPLP LongThis symbol was found during a scan based on fundamentals. Future will tell if it is a good choice.
CPLP, Bullish Butterfly, 100% upside potentialCPLP, Bullish Butterfly, 100% upside potential.
Of course, safer to wait for some strong bullish price action before taking the trade.
CPLP up channelAfter trading in a long term basing pattern since 2009,
it appears as if CPLP may be pushing through long term
overhead. Consider the up channel as a guide for the
coming future as long as the bulls can maintain control.
Breaking below the current long term up channel could
signal a sign of weakness, but that may not develop until
the highs around $11 to $12 are tested. This market can
sell of very quickly which leads you to jump quickly if
the stock is not cooperating. Currently a push back to
around $9 would give a good opportunity to test the long
side with risk limited to about $1 while upside potential
is a minimum of $3. Stop losses place below $8 will
allow price the breathing room necessary to stay above
the most recent basing point.
