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EAGLE BULK SHIPPING INC
NASDAQ
EGLE
Eagle Bulk Shipping, Inc. is a holding company, which engages in the ocean transportation of a broad range of dry bulk cargoes worldwide through the ownership, charter, and operation of dry bulk vessels. It operates Supramax and Handymax vessels that transport minor and major bulk cargoes, including iron ore, coal, grain, cement, and fertilizer. The company was...
EGLE seems bouncing in this lower degree channel with a bullish divergence. If it breaks the previous structure i'm expecting the upper channel as a possible target. If it fails it is probably making a pullback to the lower trendline.
Got in this beast after hours @ 0.90. You can see the price action over the last few months. Not for the faint of heart! Good luck longs...this is the type of squeeze we look for.
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