This stock has been on a tear. The selling in the past few days leads me to believe we're inching close the buy zone (blue line and half bowl). Shipping sector is going to look really good if oil prices suddenly fall. I, among other traders, believe oil is going to reverse when it hits a major resistance level in the next couple weeks. Long at the pullback.
Commento:
This would be the pullback, if you need runway lights!