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raavigeorgian

GE Shipping headed for a 14 Year Breakout

Long
GREAT EASTERN SHI (NSE:GESHIP)  
raavigeorgian Updated   
NSE:GESHIP   GREAT EASTERN SHI
Support and Resistance Candlestick Analysis Beyond Technical Analysis priceaction multiyearbreakout sectoranalysis
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supportandresistance candlestick beyondta priceaction multiyearbreakout sectoranalysis
Tailwinds in the sector ahead.
Due to Baltic Freight Index scaling new highs, this is likely to attract large investors.
HDFC MF has already bought good stake in the company.
Comment:
The Baltic Dry Index (Baltic Freight Index) is below the Volume panel on the chart. We can clearly see the 11yr breakout.
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