Ardmore Shipping - Up 300% for NYSE:ASC by zAngus

Ardmore Shipping - Up 300%

Ardmore Shipping engages in the seaborne transportation of petroleum products and chemicals worldwide.

It is up a bit over 300% over the last 12 months and is going through a bit of a pull back to a better value area.

Could be worth a watch to see if it recovers and continues to run.

Note

A Trailing Stop Loss of 18% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.

Note

Made a nice bounce away from that support area and gained around 5.7% before pulling back a little to close up 3.56% for the day.

Note

Sill trying to build support in that $13 to $14 channel.

zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

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zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o