Costamare has a history of following the moves of the Baltic Dry Index which tracks the charter rates of various different Dry Bulk Ships and recently we've seen BDRY (the ETF that tracks the BDI) double in value and it has taken many marine shippers up with it but CMRE despite trading at good valuations is yet to move out of its trading range which is typical for...
When CMRE reaches over and stays over the recent negative Trend, it could continue the ongoing Trend from the last months.
stays over 200MA and 200EMA
breaks negative Trend
goes back to the positive Trend
breaks 12.26$
looking for higher Volume if breaking through resistance
CMRE: Costamare Inc
2021-12-09 07:58:52
Costamare Inc. Announces the Conclusion of Two Shipbuilding Contracts, the Exercise of Options for Six More Shipbuilding Contracts, Charter Agreements for All Eight Newbuild Containerships and the Acquisition of Seven Secondhand Dry Bulk Vessels
Practicing making predictions. So far I am 4 for 4 but holding myself accountable by publishing them. Public humiliation is a great counter balance to cockiness.
COSTAMARE has had a good run over the last 3 months and is back at a previous resistance area with a couple of levels of support below. Currently trading at $8.40. If it pushed $8.50 I'd be quite interested. Could be worth a look.
Costamare Inc. (Costamare) is a holding company. The Company is an international owner of containerships. The Company is engaged in...
Wer den Einstige bei 6,92 USD verpasst hat kann nach Bruch und Bestätigung der 8,41 USD noch einen Long Einstieg wagen. SL dann auf 7,48 USD und erstes Ziel bei 9,84 USD und darüber hinaus bei 11,82 USD.
It looks like CMRE has broken out of the channel, but the breakout isn't exactly convincing... too risky for the moment? What would you want to see/know/hear before risking cash on this one?
