With all kinds of tailwinds price wise and long term ships soon to contract at double prices..expect good numbers from the co going ahead too. Atleast until the Suez canal crisis doesn't end.
Long at 1000 with stoploss below 900...aggressive traders can keep it below 965...but I think this co is currently a cash printing machine and deserves a deeper stoploss.
A pennant breakout could lead to a near vertical move.
Long at 1000 with stoploss below 900...aggressive traders can keep it below 965...but I think this co is currently a cash printing machine and deserves a deeper stoploss.
A pennant breakout could lead to a near vertical move.