STAR BULK Stock Chart Fibonacci Analysis 041223 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 21/61.80%
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About Star Bulk Carriers Corp
Sector
Transportation
Industry
Marine Shipping
CEO
Petros Alexandros Pappas
Website
starbulk.com
Headquarters
Athens
Employees
209
Founded
2006
ISIN
MHY8162K2046
Star Bulk Carriers Corp. provides seaborne transportation solutions in the dry bulk sector. The firm's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.
SBLK support and ResistanceTrade here is
Entry $23.73 (Close of Friday 3, 2023)
StopLoss $23.04 which is $0.69 SL.
Target On Daily $25.32, On Rounded Bottom Pattern $29, Monthly Rounded Bottom $34 (Please expect some error in calculation)
For a lot of 100, SL $69.
Money to be Made $159
Risk:Reward: .69 : 1.59 (1:2.65)
SBLK Harmonics: Monthly Deep-Crab/BatStar Bulk Carriers Corp. provides seaborne transportation solutions in the dry bulk sector. The firm's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. SBLK has a VERY STRONG quantitative fundamental s
Ride the Shipping Industry's Comeback Wave with StarBulk SBLKStar Bulk Carriers is a shipping company that specializes in the transportation of dry bulk commodities such as iron ore, coal, grain, and fertilizers. The company operates a fleet of modern vessels and offers a range of services including chartering, ship management, and commercial management.
The
SBLK - Plotted Channel BreakoutUsing bars patterns to plot a breakout of the underlying green up channel
These bars patterns all three show a strong breakout for the bulls
Circles indicate an inverted H&S structure that is tilted, some would argue that it isn't a H&S structure but I included it anyway
Weekly timeframe
Marine Shipping stocks and the Bulk Dry IndexIn this my backtest studying the relation between the Bulk Dry Index and some of popular stocks in marine shipping sector, using CAGR as parameter of performance. CAGR is calculated from swing-high/swing-low to swing-low/swing-high of Baltic Dry index (ticker:BDI) over last years.
Marine shipping s
SBLK - ShortThe Idea based on technical analysis only
Entry will be under 24.5$ with potential target of 22$+-.
SL will be around 26$ +-
DYOR 🙊🍒
Manage your own risks
Looks like a good companyHello,
Star Bulk Carriers Corp is a Greece-based shipping company. It owns and operates a fleet of dry bulk carrier vessels. The Company’s vessels transport major bulks, which include iron ore, coal and grain, and minor bulks, which include bauxite, fertilizers and steel products.
The company stoc
Entering consolidation phase and lower before ERPlease see my previous analyses in the related ideas field. They pretty much nailed it at an 85% accuracy rate.
The thesis is very simple. SBLK often performs four trending sessions between ERs . This pattern has persisted since early 2020. It often breaks up or down when seeing an unusual vol. T
SBLK BUY@26.5-27 / SL - 25 / TP - 30.5The price is close to the two strong support lines. Fundamentally the company is doing well. Last 3Q the company surpassed analysts forecasts on revenue and EPS. Is undervalued based on major multipliers.
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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