all the recently triggered shipping stocks still look fine today, regardless of the pullback in the group (which isn’t a shocker after the moves they had yesterday). PRGN, EGLE, EXM, & DSX are all either back to or still above their recent breakout levels while DRYS is just below but sitting on that lower support line shown on the previous daily charts.  as these are very high beta plays, best to give them a little room on the stops otherwise the odds of being stopped out if swing trading them is pretty high.  ideal stops for most swing traders who entered at or close to the breakout level would be anywhere from 3-5% below while longer-term traders might even use 8-10% or larger stops, assuming they have started to scale into an initial position size with the intent of continuing to scale in as/if the charts appear that the sector is bottoming.  the targets on these trades are clearly defined and might be extended or modified if the trades play out but stop levels are widely dependent on one’s unique trading style, preferred price target/time horizon on the trade and risk tolerance.  i will update the charts on some of these trades later today or tomorrow.  as always, make sure to only select trades and use stops that are commensurate with your own unique trading style and risk tolerance.