Tanker companies are en route to record profits in Q2. For 
STNG, volatile oil prices and storage #s have increased volatility. Sitting on the trend line, look for a break north to reflect actual performance or south to double bottom at the 52W lows.
STNG, volatile oil prices and storage #s have increased volatility. Sitting on the trend line, look for a break north to reflect actual performance or south to double bottom at the 52W lows.Trade active
If trendline breaks, the potential for a double bottom exists
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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.
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.