This crazy shipping crisis, explained
As we head closer to the second anniversary (if that’s the right word for it) of the pandemic, it’s clear we’ve made some great progress fighting COVID-19.
We have testing and vaccines that work. We know masks and social distancing are effective. Despite the nagging disruptions that mark much of what we do — and even worse...
from what i can spot there is a very strong resistance at 0.64 with 4 confirmed bounces, within a few months you can probably double your investment. this can be a very good swing scenario
Pyxis Tankers Inc (NASDAQ:PXS) is one for the bottom pickers. Upside volume is picking up and a rounding bottom is taking shape. I have been following and accumulating this stock for a few days now. The trend should resume back up in the very near future. I could be wrong, but I did not find a reason for the drop in shares as it did. It was likely a consequence of...
Pyxis Tankers Inc (NASDAQ:PXS) has witnessed an excellent uptick overall during the past few sessions and it has been correlated with increasing volume. The stock closed 8.74% higher to 1.12 on Thursday after consolidating over 1 week within a narrow range. Considering the recent increase in volume, accumulation and money flow, I believe PXS could make a solid...
This ones been getting volume recently. Shipping rates high in Q4 2020, low floater, and earnings soon. All good indicators for a move here. Last major run was 4.60
Look for another test of this 1.90 area!
* Tanker Shipping Rates are Extremely High, Highest Ever in Q4
* Analyst Consensus Price Target is $2.25 ~ A Double
* In Q4 Renegotiated Rates Higher by 25% On 2 MR Tankers & One went to Spot, Which is Even Higher
* 2 Handy Size Tankers On Spot Rates, have seen incredible Spot rate Spike in Q4
* Sold 1 MR Tanker at a profit in Q4 $13.5M dollars Strait to the...
Earnings Beat
Tanker Rates Spiked Up In Q4 to the Highest In 15 Years
Iran Sanctions that Caused Q4 Spike Go back into affect December 20th
IMO 2020 Fuel Regulations are Expected to Increase Tanker Rates Substancially, & Many Many Tankers Will Go Off Line for 6 Weeks Each
to Have Scrubbers Installed to Clean The Ships Exhaust to Meet CO2 Reggulations.
Pyxis Tankers, Inc. is an international maritime transportation holding company, which engages in the maritime transportation business with a focus on the tanker sector. It acquires, owns, and operates tanker vessels that are capable of transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil. The company was...
Pyxis Tankers, Inc. is an international maritime transportation holding company, which engages in the maritime transportation business with a focus on the tanker sector. It acquires, owns, and operates tanker vessels that are capable of transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil. The company was...
Pyxis Tankers, Inc. is an international maritime transportation holding company, which engages in the maritime transportation business with a focus on the tanker sector. It acquires, owns, and operates tanker vessels that are capable of transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil. The company was...
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...
