Little Room to Run SBLK
Less than 40 cents from its 4 year high and $66 from its 5 year high Star Bulk Carriers offers a nice risk reward trade opportunity on the long side. The massive increase increase in volume and the tight coiled MACD could translate into a large breakout imo. Reports of shipping container costs increasing over 300% on Feb 2021. I have not seen any dry shipping earning reports come out for 2021 yet but I hope it lights some more fireworks with the stock price. GL and always tip your dealer
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