NM (Navios Maritime Holdings Inc) offers an objective long entry here on the break of this downtrend line with a maximum suggested stop (for T2) on any move below 1.20. T1 is 1.72 with the current final target, T2, at 2.44 & the possibility of a third target around the 3.25 level, should the charts of both NM & the shipping sector continue to firm up.
NM Trade Idea
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