Sector: Industrials - Marine Shipping | Country: Monaco Company Overview: Safe Bulkers, Inc. ( NYSE:SB ), a key player in the Industrials sector with a focus on Marine Shipping, operates globally, providing safe and efficient shipping solutions. As a small-cap company based in Monaco, Safe Bulkers specializes in transporting bulk cargoes, contributing to the...
Safe Bulkers has formed 3 Rising Valleys with Hidden Bullish Divergence, and on the 3rd Valley, it seems to have formed a Bull Flag. Once it breaks out of the Bull Flag it will enter a Bullish BAMM that could take it up to the 0.886 all the way up to the 1.13 Extension as it enters an Alternate Bat Bullish BAMM.
SB is close to reaching a strong buying area around the 0.5fib. Waiting for completion of the M formation and bullish signs to confirm.
SB: Safe Bulkers, Inc. 2022-06-21 16:05:00 Safe Bulkers, Inc. Announces Common Stock Repurchase Program
Safe Bulkers, Inc. ( NYSE:SB ) Sector: Transportation (Marine Shipping) Market Capitalization: $571.751M Current Price: $4.72 Breakout price: $4.85 Buy Zone (Top/Bottom Range): $4.20-$4.35 Price Target: $5.55-$6.00 Estimated Duration to Target: 287-295d Contract of Interest: $SB 1/20/23 5c Trade price as of publish date: $0.80/contract
Safe bunkers seems to be creating a top formation. For a potential buy at least wait for a new bullish structure on support. Reasoning: Uptrend broken (black arrow) Bearish divergence with the RSI (green arrows) In the process of creating a lower high However, we did create a W-formation after the drop, which is bullish. However, the right time to buy is on the...
Short term swing play . Prediction is based on the the indicator strategy (look to yellow circles and price action on the chart) Not financial advice .
Safebulk is in the shipping company and it is not is one of the hot industry that is recovery in COVID-19. I see this industry to recover in coming years. Vested
Looks like we'll be testing the resistance after coming out of a healthy .5 retracement. Looks like there's enough push to get this to the next level.
Confirmed ascending triangle on the daily. All indicators are Go! Price target = 6.75$ Stay humble, have fun, make money!
I had set a marker that if SB crossed up the 3.5 price, then we had a chance for a breakout. Well that happened a few days ago and the price has been climbing with good volume. the first test will be at $4.43 as there's been resistance here previously. But it is passes through that it should keep climbing and my short term target is $5.32. I have options at...
Noticed the very similar swing high off the flag yielded a double in the first half year? Repeating again?
Strong earnings, small float, bulk freight insulated from costs related to sea containers.
Primary Target (short term): Ascending Triangle, confirmed (46%) PT = 4.30$ Secondary Target (Long term): Bullish Flag, confirmed (93%) PT = 4.74$
Valuation Market Capitalization 325.68M Total Shares Outstanding (MRQ) 105.398M Sector: Transportation Industry: Marine Shipping Safe Bulkers, Inc. is a holding company, which engages in the ownership and operation of dry bulk vessels. The firm offers marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore. Its...
SB: Safe Bulkers, Inc. 2020-03-19 09:00:10 Safe Bulkers, Inc. Announces Expansion of Common Stock Repurchase Program and Adoption of Preferred Stock Repurchase Program