Scorpio Tankers Inc lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. The stock currently holds a RSI14 at 24 and is oversold on RSI14. Scorpio Tankers Inc finds support from accumulated volume at $16.79. "For Scorpio Tankers, it's extraordinary, we literally... we could...
CEO Interviews Said Q2 Rocks ! "Super Cycle" According to CEO Robert Bugbee "For Scorpio Tankers, it's extraordinary, we literally... we could well have in the second quarter of this year earned as much money, income, eps, cash flow, under any measure than any previous year of the company's history." -Robert Bugbee Recently Saw an Inverse Head & Shoulders, IHS...
Highest Sustained Product Tanker Rates In History
Could Finnish @ Trend
* 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...
Stock has gone Bullishly Parabolic
Tanker Rates Hit The Highest Level Ever In October, and Are Far Above Profitable Now. Expert Analysts Cleaves & Bimco Say Rates Could Spike to that Level Again Many Times in the Near Future. The Legendary Investor Peter Linch of the Magellan Fund, Last Friday Went Bullish Shipping in a Barrons Interview. That Brings a Lot of Attention to the Tanker Bottle Kneck...
$1.02 EPS this year so Far, with 3rd & 4th Quarter still to be reported
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.
Clearly an Uptrend, Probably Continues. 3 Parabolic SAR dots, more on the way.
Chart Looking Bullish EEM Lagging U.S. Markets this Year, Fund Managers that Made Their Money & Preformance In U.S. may look to take Profits In U.S. markets & Sling some at an Under Performer. With China A Shares Moving Up to 30% of EEM, & Destined to Become the Global Super Power in the Next 15 Years, They'll Probably Want In Early. Ray Dalio, Who Runs the...
$MTW has a chance of breaking long term downtrend line on earnings day 10/28/2019 $CAT reported horrible earnings today, Yet still bounced about $2 on Valuation, Heavy Equipment Sector May have found a Bottom. MTW has an Inverse Head & Shoulders Pattern coming out of a 5 year low, & Has Broken out of the downward trajectory trading channel ahead of Earnings .
$MTW has a chance of breaking long term downtrend line on earnings day 10/28/2019 $CAT reported horrible earnings today, Yet still bounced about $2 on Valuation, Heavy Equipment Sector May have found a Bottom. MTW has an Inverse Head & Shoulders Pattern, & Has Broken out of the downward trajectory trading channel ahead of Earnings.
Second Parabolic Buy SAR dot, don't know why that appeals to me other than usually there is a bunch that follow it up.