Castor Maritime Inc

Vibranium_Capital

decent risk reward on $CTRM as well, look for a move to 2.75-3+ in short term if we bounce off this blue support, remember to use tighter stops on penny stocks since they are so volatile. good luck!

rigorocks

ctrm ready for a buy here. we must not let the fear drive us. the 3 day macd cross to the upside at a key fibonacci retracement level can set us up for a huge gain on a long position rigo

Narsty_Boy

You can really see the suppressing power of the purple line here. It squeezed and it broke out, looks to me like it's forming a good floor. My swing target would be around the $6.00 range. It is possible it could go higher if there is enough momentum. The RSI is stalling. Looking for the RSI to choose a direction.

FlokiCrypto

I have actually been long for a while on CTRM. I added a bit on the dip lower as well. I'm convinced we are bottoming out, the pattern is pretty clear on low and high timeframes. Share your thoughts in the comments, lets see if we can get a nice discussion going. I'll make some wave updates once we get more movement up or down. Trade safe!

Narsty_Boy

As you can see, price action has cleared the famous purple line. And it looks to me like a really good setup right now. But do your own research, find what the bears are saying as well. This is not financial advice.

Cubenziz

Entry and take profits in green zones, Daily candle broke over the 100 MA. What do you think? Leave a comment below.

Cubenziz

Entry and take profits in green zones. $5 $10 $20 what do you think? Leave a comment.

Narsty_Boy

I'm showing this cart on the weekly time frame to explain what it is visually. Most of the things you already know about "support" and "resistance" apply. On the 4 hour chart the price has also found support on the SMA line. Crossing the purple line is bullish. The question is, will it 2x? 3? 30x? cheers.

tengis0621

After 6 months of nonstop drop, reverse split, common stock offering this company finally heading for a bullish direction. With rapid increase in shipping cost, good cash balance in hand, and a technical set(bullish divergence with double bottom) this stock is definitely going to run soon. In conclusion: Bullish reasonings: - Technical: double bottom,...

bakbak88

Despite CTRM having good running earning report, the share price has been plunged down more than 800% from the top. The stock is heavily shorted by hedgie with reason of reverse stock split. There is a great divergence with Baltic Dry Index. BDI Index have break 10 year new high. It imply company may have record high Earning report incoming. We may hope have...

edkakumru

Hello traders, While I was checking some opportunities, I found this nice setup. We were in 2 clear bullish patterns and finally it's changing structure. I'm waiting for upside push soon.

FlokiCrypto

After a very very decent and strong correction (following the reverse split), I think CTRM is finally ready for a sizeable bounce. I'll update later with profit taking targets, but at this point I'm expecting a 30% bounce very soon. Wave structure seems to be complete on the ABC (and 12345 of C). Fib levels and previous supports are acting as confluence. Trade safe!

Meshal5555

CTRM will be bear to 2.11 as strong support then will be long we will waiting price break trading line

Marcelvv

CTRM, nice falling wedge on the daily also volume price construction looking good to me! Also broke trend line on RSI! And we see nice bullish divergence on the daily! Only OB needs to hodl!

ismartinvesting

could be good to go could be a couple red flat days before a big pop in the money july contracts are good to go !

vedatttt

Next Move ( MOON ) maybe 2 mount later

Todopoderoso

this meme stock looks like its at support, you want to sell below 3.00 and dont look back, target here risk reward looks good but there is the chance of this losing that support so if you go long place a stop loss just to be safe

revilo1987

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