Top Ships Inc (TOPS)

[Kabuli]

Trend
TOP Ships Inc. lies the upper part of a very wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.22 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -64.97% during the next 3 months and, with 90% probability hold a price between $0.02 and $0.08 at the end of this period.