Bulk carrier are seeing a big rise in their selling prices and huge demand from all industrial fields.
With upcomming ER (Nov 16th) and predicted EPS increase, price action could pop.
Ascending triangle, not confirmed. May confirm this coming week.
If confirmed:
Price target = 44.15$
Stay humble, Have fun, Make money!
WATCHING $SBLK for entry at 19.10 Analysis & Key Levels
Red = Resistance
Green = Support
Blue = trend lines
180 EMA = Purple
I am not your financial advisor. Anything can happen… I’m just posting what I see… but the risk is on you if you decide to trade the setup with me.
I certainly don’t win them all so be mindful of your position sizes and do your due...
$SBLK Target 23.37 for 19.54%
Or next add at 17.92
This stock is growing on me in a big way. I’m cleaning up my portfolio and this one is definitely going to make the cut… DIVY’s, growth & options
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD...
🟢 $SBLK Target 25.23 for 21.88%
Or double position at 16.17
Ooh, this one filled in after-hours…
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your...
This is a marine shipping company based in Greece that specialises in commodity bulk shipping.
It has been in steady uptrend since Feb 2021. Interestingly on 3 May, there was a spike in volume to push the price into the range between $20.50 to $23.30.
Although there was a pull back to $18.40, but prices has since moved up from 7 June onward.
If price can sustain...
Since freight costs raising according to global inflation, shipping will one of the first to take profit.
This stock maybe very profitable...
finance.yahoo.com
Less than 40 cents from its 4 year high and $66 from its 5 year high Star Bulk Carriers offers a nice risk reward trade opportunity on the long side. The massive increase increase in volume and the tight coiled MACD could translate into a large breakout imo. Reports of shipping container costs increasing over 300% on Feb 2021. I have not seen any dry shipping...
The low may be in and trend change coming:
RSI breaking out of a multi year low
KST near crossing over on the monthly time frame
Higher low and nearing a higher high on the chart
30 month simple moving average flat and starting to turn up
This stock has been a laggard in the group but seems to be on the verge of breaking out after few attempts.
It's taking the stairs with a decent volume profile and supportive RSI.
Hi it's me Vag again with another hopeful! SBLK looks like it has potential for a quick pop to 11.90+! Hoping for that quick move, hope everyone is doing okay, stay positive in the fall!
I really like this company from a fundamental perspective.
Actually, it's a huge part of my portfolio already.
The technical set-up is still ugly. But the MACD is about to turn bullish .
The report came out today and it was quite good.
But the trade war still seems to be the biggest threat.
I really like this company from a fundamental perspective.
Actually, it's a huge part of my portfolio already.
The technical set-up is still ugly. But the MACD is about to turn bullish.
The report came out today and it was quite good.
But the trade war still seems to be the biggest threat.
Star Bulk Carriers Corp. is a holding company, which engages in the provision of seaborne transportation solutions in the dry bulk sector. It ships iron ore, coal and grain, bauxite, fertilizers and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.
NASDAQ
