The NM Active Long Trade has been stopped out on a move below 1.20 & will now be moved to the Completed Trades category. Also note that after back-filling yesterday's gap, the QQQ have rolled over & are taking the rest of the market down with them so far. I do plan to add some [...]
I continue to see bullish developments in the shipping sector with numerous stocks set up for potentially explosive gains, should the momentum players step in once again. In fact, quite a few of the recently highlighted individual shipping stocks as well as the shipping etf, SEA, have just recently broken above the key breakpoint levels [...]
The following chart & notes list the entry criteria, price targets & suggest stop levels for NM (Navious Maritime Holdings Inc). Please login or sign-up for your free 3-week trial to view this post.
This video covers the charts of some of my favorite trade ideas in the shipping sector. As these trades are extremely aggressive coupled with the fact that I like to take a "shotgun" approach by taking small lots scattered among different shipping stocks within the sector in order to diversify, these are only unofficial trade [...]
This is what the risk-on trade looks like (my shipping stock watchlist as posted on Friday), the day after highlighting these "King of All Risk-on Trades" as Long Trade Ideas: Shipping stock watchlist March 4th Followed by a current snapshot of the same watchlist, after highlighting the same stocks as short-candidates yesterday [...]
Many of the shipping stocks that were posted as long trade ideas in the trading room on Thursday have already ripped up 50-200% or more in just a couple of trading session & are now at or approaching key resistance/target levels which could offer a quick pullback trade. Some of my favorites, along with possible [...]
The following long trades exceeded their previous suggested stop parameters last week and will be removed from the Active Trades Category: AAPL- Printed a weekly close below the bottom of the support zone on Friday. EXM- Exceeded both the suggested stop level of 0.72 on Friday. NM- Fell below the 4.12 suggest stop level early [...]