PXS had a Double Bottom at the Bottom Bollinger Band With a Bullish Hammer.
Analysts have a 10 Rating on the Stock, Both Clean & Dirty Product Tanker Rates are at a 3 1/2 Year High
Which recently Happened In the 4th Quarter.
The Float of the Stock is a Meager 3 million shares with
the Other 82% Owned by Insiders
The Chart & Fundamentals Look Like Today It Hit...
This is a lesson in PAYtience!! Looking for a retest gap, opening at $1.35/$1.37 with a small run upwards, then down to retest $1.32/$1.30. This is perfectly in line with trending support action, and if volume reacts, this could pave a new bull motion outside of the $1.18 - $1.35 channel. I hope the double bottom gets confirmed with bull movement. MACD is...
PXS has just bounced off the EMA(20). During the day, price broke the EMA(9) but did not close above. Green candle brings some hope of a continued up trend. Candles seem to form a flag pattern. A break above the top of the flag would be considered bullish.