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Star Bulk Carriers Corp.
Long

SBLK 200%+ ROI Trade Setup from Insiders in Congress

187
SBLK is gaining some attention today because Senator Tuberville has purchased 100k worth of SBLK stock, a stock that is focused on forestry and mineral shipping. Senator Tuberville sits on the Senate Committee of Forestry and Agriculture so he could have some insider knowledge here.

Buy price: $23 to $24 (I think an entry at $23 is possible, but I wouldn't mind buying at $24).

Sell targets:
- $77.50
- Previous all time highs are around $1,100.

Stop Loss: $22.50, if stopped out the re-entry price is around $16-17.

For now let's see if SBLK can get to $77.50 then we can discuss the other targets.
realchartchamp
Also on:
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisChart PatternsSBLKstockpicksStocksstocksignalsstockstobuystockstotradestockstowatchstockstradingstocktradingTrend Analysis
realchartchamp
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.