GSL Bounce Trade Setup & Entry

After a strong rally followed by 2-days of profit taking in shippers, GSL (Global Ship Lease Inc) has now pulled back to the former R1 resistance, now support level at 1.80, offering an objective, yet aggressive long entry for a bounce back up to the former T1 target level of 2.11. Suggested stop below 1.71 [...]

Nov 18, 2016 12:27pm|Categories: Completed Trades - Long|Tags: |3 Comments

Shipping Sector Update 9-16-16 (video + comments)

Member @sau987 had asked for an update on the shipping sector & as I had recently pointed out the fact that many of the shippers looked to be setting up in bullish chart formations, I've since become somewhat lukewarm to the shipping sector for the following reasons. Since that previous video with some of my [...]

Sep 16, 2016 12:41pm|Categories: Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , , , |3 Comments

Shipping Sector Trade Ideas (video)

In this video, the charts of my favorite trade setups in the shipping sector are covered in detail. While I plan to add some of these as official trade ideas, with some recently mentioned as unofficial trade ideas in the trading room this week, there are just too many attractive trade setups to add them [...]

Sep 8, 2016 12:59pm|Categories: Equity Market Analysis, Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , , , |Comments Off on Shipping Sector Trade Ideas (video)