i mentioned in one of last night video updates how this current thinly traded market is highly driven by technical patterns.  DSX up big today into a perfect hit of the primary downtrend line (target).  as you can see from the original chart and today’s updated chart, traders played this one exactly as i had anticipated.  again, consider booking profits and or raising stops.  most of these shipping stocks look to appear to have possibly put in some solid bottoms here but with these sharp moves higher will come some sharp profit-taking pullbacks as well.  as far as objectivity, i think it would be prudent to sell most or all DSX here and if you like the pattern for a longer term hold as we are now at a key resistance level. you could re-enter a solid breakout above this primary downtrend line, most preferably after some type of pullback or consolidation first.  i plan to update the shipping stocks’ charts soon, adding some longer-term targets  click here to view the original post with those charts and notes.