Star Bulk Carriers demotivated. SBLKGoals 27.05, 25.38.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Starbulkcarriers
Star Bulk Carriers sinking. SBLK Immediate targets 20 and then 19.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
11/28/21 SBLKStar Bulk Carriers Corp. ( NASDAQ:SBLK )
Sector: Transportation (Marine Shipping)
Current Price: $20.95
Breakout price trigger: $21.00
Buy Zone (Top/Bottom Range): $20.80-$19.60
Price Target: $22.00-$23.20 (1st), $25.00-$26.00 (2nd)
Estimated Duration to Target: 26-31d, 74-80d
Contract of Interest: $SBLK 1/21/22 20c, $SBLK 2/18/22 20c
Trade price as of publish date: $2.00/contract, $2.40/contract