Long time frame for this stockDCA and keep buying; pay me later
This stock and crypto is a great buy in my opinion. Remember invest only what you can afford to lose.
PSHG trade ideas
Performance Shipping BULL FLAGPerformance Shipping is looking like a bull flag.
In the chart you can see im looking for a bounce at the 1.61 area then to the top of the range at 2.4 If the flag breaks then its targets are the flagpole height, which gives 4.77 or 0.85 the WTCross and RSI both favour a move to the upside. It may take 1 to 2 months going off previous range moves.
Best to wait for a confirmed breakout before trading.
Im buying around 1.61 where i expect a bounce up to the range high of 2.4 thats a 50% increase. I see a 1 to 2 month upside swing to that range high. If the range high breaks upwards then i see several months upswing to the 4.77 area
Thoughts? Mark...
Performance shipping BULL FLAGPerformance Shipping is looking like a bull flag.
In the chart you can see im looking for a bounce at the 1.61 area then to the top of the range at 2.4 If the flag breaks then its targets are the flagpole height, which gives 4.77 or 0.85 the wix and rsi all favour to the upside taking 1 to 2 months going off previous range move.
Best to wait for a confirmed breakout before trading.
Im buying around 1.61 where i expect a bounce up to the range high of 2.4 thats a 50% increase. I see a 1 to 2 month upside swing to that range high. If the range high breaks upwards then i see several months upswing to the 4.77 area
Thoughts? Mark...
possible bull flag for performance shipping?While the pattern holds water the wtcross and volume seems to be lacking
performance shipping looks to be dyingwt cross facing down no volume points down big time. Its had a 100% gain since the wt cross was green some months ago. Im looking for a dip to shave off 30 to 50%
Performance Shipping, Inc. engages in the provision of shipping transportation services through its ownership of containerships. Its vessels are employed on time charters with liner companies carrying containerized cargo along worldwide shipping routes. The firm operates through the following segments: Tankers Vessels and Containers Vessels. Its fleet includes the following vessels: Sagitta, CEntaurus, New Jersey, Pamina, Domingo, Puelo, Pucon, March, Great, Hamburg, and Rotterdam. The company was founded on January 7, 2010 and is headquartered in Athens, Greece.
Performance Shipping, Inc. engages in the provision of shipping transportation services through its ownership of containerships. Its vessels are employed on time charters with liner companies carrying containerized cargo along worldwide shipping routes. The firm operates through the following segments: Tankers Vessels and Containers Vessels. Its fleet includes the following vessels: Sagitta, CEntaurus, New Jersey, Pamina, Domingo, Puelo, Pucon, March, Great, Hamburg, and Rotterdam. The company was founded on January 7, 2010 and is headquartered in Athens, Greece.
