Castor Maritime Inc is a provider of seaborne transportation services for dry bulk cargo, including iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others. The firm operates under two reportable segments namely Dry bulk; Aframax/LR2 tanker; Handysize tanker and Container ship. It generates maximum revenue from the...
Castor Maritime is a Maritime Shipping stock that's been on my radar along with its falling wedge, but I have only just recently gotten interested in entering after seeing the quarterly earnings finally start to turn around along with seeing the price action finally test the 21-week SMA as support. With all of this being done it is worth considering the fact that...
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...
A new wave upwards, caused by the huge demand for oil transportation in Europe.
Let's hope the weekly candle breaks pass the ichimoku cloud and 2.12 resistance.... and all the way to fill the $7 gap! That would be amazing! Although it my require more good news for a liftoff to that level.
Apologies my earlier chart was too zoomed in, to show the gap that needs...
Castor Marine MC is less than half of assets. Meanwhile, they have record revenue and profits Q over Q and Y over Y. In short, they're making a killing. They ended their ATM in June. There is no need to raise additional funds and can easily make plays for additional vessels with cash flow. The company is likely considering dividends at this point and should be...
Hi there, Yurii Domaranskyi here.
Risk vs Reward = 1 to 44.83 ✨
It means if you risk here 100$ 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?
Last time when 100 MA crossed 200 MA we saw huge pump of this stock . Now you see bullish triangle and RSI hold level above 50. waiting for something interesting.
Not financial advice , im just learning TA!
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!
$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!
I think the CTRM touched lowest price in their share price.
No more going down.
I bought the CTRM at 1.350 with 1K. Now I have profit around 6%.
I am holding it until 2025.
Let's see how much profit CTRM will make for me.
