Golden breakout

16 בנוב׳ 2016

Dry shipping is breaking out.
Golden ocean group is a major player in this industry.
The Baltic Dry Index is now above 1000.
Prepare for a massive move.

16 בנוב׳ 2016

הערה

It has broken out to the upside. Huge move ahead.

16 בנוב׳ 2016

הערה

tradingview.com/v/y5Y3yJ36/

After successful breakout, I expect price to reach 14 before a longer correction.

16 בנוב׳ 2016

הערה

Today's closing will be interesting.

17 בנוב׳ 2016

הערה

BDI has gone from 290 in February to 1231 now. That is a 325 % increase. Look at how the stock has just consolidated in the same period. Today's drop is just transferred effects from nervous people long DRYS - a merely techincal one. It serves its purpose; to scare investors from holding GOGL shares.