Long
INSW
INSW
Actual Projection is 52.6$.
Three projection methods : RSI Reversal, Fibonacci Confluence, Fibonaccci Projection
Stop right below gap for around 1:3R
Let us wait for time and see what happens :). I am just learning and using this to test if these strategies can work.
The issue with this trade is that other shipping stocks are not moving up and have deep retracements. So little confirmation from other stocks. Only
LPG
is moving
INSW
INSW Actual Projection is 52.6$.
Three projection methods : RSI Reversal, Fibonacci Confluence, Fibonaccci Projection
Stop right below gap for around 1:3R
Let us wait for time and see what happens :). I am just learning and using this to test if these strategies can work.
The issue with this trade is that other shipping stocks are not moving up and have deep retracements. So little confirmation from other stocks. Only
LPG
is moving