If you are into longer term plays, check this one out.
TPs based on forecast results.
We have a breakout with bull flag signaling continuation.
Heikin ashi setup agrees up.
Biggest concern is Z-Score resistance around 3.21 but as this accumulates it should push that target up.
Looking for 3.75 as the first target to look for.
Safe trades!
This is a very simple trade setup. After breaking out of a 14-year channel DSX has been consolidating for 2 years plus!
It now looks poised to push higher. However, this is NOT a trade you will make money in a day or a week. This is a the type of trade, where you accumulate over time, enjoy the 17% dividend, and forget about it.
DSX is in a bottleneck industry...
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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
Got in DSX today
Technical
20 EMA crossing 50 and 100 EMA recently
Strong RS rating
Strong Volume after earnings
Risk
Dry Bulk shipping index declines
China situation could cause a general wider correction
Fundamentals;
Many contracts are Time Charter contracts expiring soon - these should be renewed at better rates and provide an earnings boost
Nice...
DSX: Diana Shipping Inc. c/o Diana Shipping Services S.A.
2022-08-01 09:14:00
Diana Shipping Inc. Announces Time Charter Contract for m/v Myrto With Tata NYK
DSX: Diana Shipping Inc. c/o Diana Shipping Services S.A.
2022-07-18 09:09:00
Diana Shipping Inc. Announces Time Charter Contract for m/v Boston with Aquavita
DSX: Diana Shipping Inc. c/o Diana Shipping Services S.A.
2022-07-05 09:29:00
Diana Shipping Inc. Announces Time Charter Contracts for m/v Electra With Refind Success and m/v New York With C Transport.
Bearish Cypher Pattern , in Elliott Wave Analysis is
Irregular Flat Correction or Running Flat Correction
Rules
The B point stands at the end of the AB leg, which is a retracement of the XA leg. The B point must lie between a 0.382 and 0.618 retracement of the XA leg;
The C point lies at the end of the BC leg and should be a 1.272 to 1.414 projection of the XA...
Bullish Cypher Pattern , in Elliott Wave Analysis is
Irregular Flat Correction or Running Flat Correction
Rules
The B point stands at the end of the AB leg, which is a retracement of the XA leg. The B point must lie between a 0.382 and 0.618 retracement of the XA leg;
The C point lies at the end of the BC leg and should be a 1.272 to 1.414 projection of the XA...
* Steady up trend over the past two years
* Consolidated for about 8 months
* Formed a cup and handle pattern
* Now breaking out of the cup base
Technicals:
* Sector: Industrials - Marine Shipping
* Relative Strength vs. Sector: 20.4
* Relative Strength vs. SP500: 18.49
* U/D Ratio: 1.38
* Base Depth: 82.07%
* Distance from breakout buy point: 0.33%
* Volume...
DSX: Diana Shipping Inc. c/o Diana Shipping Services S.A.
2022-05-23 09:19:00
Diana Shipping Inc. Announces Time Charter Contract for m/v P.S. Palios With Classic Maritime
DSX: Diana Shipping Inc. c/o Diana Shipping Services S.A.
2022-05-18 09:27:00
Diana Shipping Inc. Announces Time Charter Contract For m/v Maia with Hyundai Glovis
Diana Shipping has an Ending Diagonal.
The ending diagonal is wave 5.
The pattern is active, this is mean that we have change in polarity
and the target is at least 38.2% Fibonacci.
NYSE:GE got slammed after earnings and mentioned negative cashflow due to raising freight costs. I'm thinking if you have to ship/export stuff the money is going to the shippers. DSX is currently at the bottom of an ascending triangle on the daily.
DSX: Diana Shipping Inc. c/o Diana Shipping Services S.A.
2022-04-13 09:06:00
Diana Shipping Inc. Announces Time Charter Contract for m/v Philadelphia With C Transport
