Long
DRYS - Let's go for shipping!
If oil had bottomed then shippers will start to rally also.
This is one of them I'm watching for a while. It is now tagging the 10 EMA.
It was 120 $ when oil was shining. If the oil bear ended it could rally 1000-2000%.
Not an all in trade but it can run up to 6$ or 9$ easily.
We are runnig out of sellers. As oil finishes this small decline it will start to run again.
This is one of them I'm watching for a while. It is now tagging the 10 EMA.
It was 120 $ when oil was shining. If the oil bear ended it could rally 1000-2000%.
Not an all in trade but it can run up to 6$ or 9$ easily.
We are runnig out of sellers. As oil finishes this small decline it will start to run again.
Note
DRYS was a buy yesterday. I think we will rally today.Note
It seems to be starting finally.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.