This one has followed most of the shipping stocks in a sharp rally over the last week or so. The rest of the week will determine if the stock has the strength to keep going. It needs to stay above the middle bollie to keep the uptrend going. A break above the blue down trend line on high volume would be considered bullish.
Weekly chart shows an uptrend as well with a strong resistance formed by the 9.17 high of the rally plus the MA(13) sitting at 9.16. Again, a push past those would be bullish and will show up on the daily chart.
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