SLBK looks like a longI am buying this stock SBLK for a short while. its at support and is also a DR1/ DR2 structure aiming for 1:2Longby yslim450
Expected to bounce back up SBLK temporarily Earnings is next week. Fibo says this should bounce back up from here for next week until earnings releaseby oilyprata1
Amazing...the patter still holdsWhile the consolidation phase persists, the pattern still holds. A couple of years I published this idea. A few people noticed and I hope they made good $$$. Here is my latest prediction. by yungyehUpdated 111
SBLK about to breakoutBreaking through previous resistance and fib level. This one could go far. Manage risk! Its a great R v RLongby Hawaii2017119
SBLK: Bullish TrendExpecting continuation upwards, and so does Tommy Tuberville.Longby M0_BTCUpdated 221
SBLK 200%+ ROI Trade Setup from Insiders in CongressNASDAQ:SBLK is gaining some attention today because Senator Tuberville has purchased $100k worth of SBLK stock, a stock that is focused on forestry and mineral shipping. Senator Tuberville sits on the Senate Committee of Forestry and Agriculture so he could have some insider knowledge here. Buy price: $23 to $24 (I think an entry at $23 is possible, but I wouldn't mind buying at $24). Sell targets: - $77.50 - Previous all time highs are around $1,100. Stop Loss: $22.50, if stopped out the re-entry price is around $16-17. For now let's see if SBLK can get to $77.50 then we can discuss the other targets.Longby realchartchamp4
SBLK - 2 years HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Shortby TheArtOfCharting6
SBLK - 220% plus / R:R 6:1SBLK - looks like Wave 4 is almost complete. We are waiting for the wave 5 of CLongby Benbarian4
SBLK - 200% for the next waveSBLK - looks good: STOCH-RSI - reset Volume - reset Momentum - resetLongby Benbarian2
STAR BULK Stock Chart Fibonacci Analysis 041223 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 21/61.80%by fibonacci61800
SBLK support and ResistanceTrade here is Entry $23.73 (Close of Friday 3, 2023) StopLoss $23.04 which is $0.69 SL. Target On Daily $25.32, On Rounded Bottom Pattern $29, Monthly Rounded Bottom $34 (Please expect some error in calculation) For a lot of 100, SL $69. Money to be Made $159 Risk:Reward: .69 : 1.59 (1:2.65) (On Daily) Rationals: 1) Buyers entered at the support 2) Bullish Harami Pattern at the support 3) Rounded Bottom Pattern 4) bouncing from 20 DMA 5) Comparative RSI is above SPY on Daily and Weekly. 6) Coppock Curve about 0 Not in favor: short term trend lines should push selling pressure at $24.01 and $24.34 PS: I am new to technical analysis. I am publishing my analysis in a hope to get your constructive feed back and ideas to improve via your comments and likes. Please do your own analysis to make your investment decision. by foolalgorithm0
SBLK Harmonics: Monthly Deep-Crab/BatStar Bulk Carriers Corp. provides seaborne transportation solutions in the dry bulk sector. The firm's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. SBLK has a VERY STRONG quantitative fundamental score (Greater than 8) with great analyst prospects (Strong Buy and Hold ratings). Furthermore, SBLK has an awesome dividend pay out @ 2.25 per share/year (Approximately 23.6% of the entry cost a 9.57). Therefore, this SBLK long play has deep-value at the price levels from 9.57 - 7.23. In this idea, we have a deep-crab pattern and bat-pattern showing us that price should reverse between 9.57 - 7.23. I expect price to reverse right at 9.57ish. I would set the stop-loss for 3%; however, I'd consider averaging into a position on this trade, if price goes below the stop (I don't expect it to). Once the 0.382 target is acquired, I would sell half of my position and set stop-loss runners to trail price by the 'Average True Range' of multiple timeframes. Once price has reached the 0.618 target, I would sell the other half of my position. The first target nets 97.3% (Risk-to-Reward of 31) and the second target nets 157.6% (Risk-to-Reward of 50.27). Averaging these percentage gains out and adding for the dividend (I would expect to hold this for at least one year), one would profit approximately 151% of their original investment. Plugging in the probability for success of a deep-crab pattern and the R:R values into our Kelly Criterion betting calculator for an account of $1000, we get; FIRST TARGET Probability: 0.93 Odds: 31 Bankroll:$1000 Calculation: Kelly Criterion (Adjusted) - 0.9277 Bet This Much (Adjusted) - $927.74 SECOND TARGET Probability: 0.93 Odds: 50.27 Bankroll:$1000 Calculation: Kelly Criterion (Adjusted) - 0.9286 Bet This Much (Adjusted) - $928.61 Therefore, one should bet approximately 92.7% - 92.8% of their normal lot size. Good luck and trade safely!Editors' picksLongby Antikythera_MechanismUpdated 1818144
Ride the Shipping Industry's Comeback Wave with StarBulk SBLKStar Bulk Carriers is a shipping company that specializes in the transportation of dry bulk commodities such as iron ore, coal, grain, and fertilizers. The company operates a fleet of modern vessels and offers a range of services including chartering, ship management, and commercial management. The shipping industry is highly cyclical and is heavily influenced by global economic conditions, particularly the demand for raw materials. In recent years, the industry has been impacted by overcapacity, low freight rates, and weak demand for dry bulk commodities. However, the industry is showing signs of recovery, with freight rates increasing and demand for dry bulk commodities expected to grow in the coming years. Star Bulk Carriers is well-positioned to benefit from this recovery, with a modern fleet of vessels and a strong chartering and commercial management business. The company is also well-capitalized, with a strong balance sheet and a history of profitability. Investing in Star Bulk Carriers is a high-risk, high-reward proposition. The shipping industry is highly cyclical and can be impacted by a number of factors, including global economic conditions and demand for raw materials. However, if the industry continues to recover, and if Star Bulk Carriers can capitalize on the recovery, the company has the potential to generate significant returns for investors.Longby FxCryptoWavesUpdated 2
SBLK - Plotted Channel BreakoutUsing bars patterns to plot a breakout of the underlying green up channel These bars patterns all three show a strong breakout for the bulls Circles indicate an inverted H&S structure that is tilted, some would argue that it isn't a H&S structure but I included it anyway Weekly timeframe by Bixley2
Marine Shipping stocks and the Bulk Dry IndexIn this my backtest studying the relation between the Bulk Dry Index and some of popular stocks in marine shipping sector, using CAGR as parameter of performance. CAGR is calculated from swing-high/swing-low to swing-low/swing-high of Baltic Dry index (ticker:BDI) over last years. Marine shipping stocks are strongly correlated with the Bulk Dry Index. Stocks dropping during Index falling and stocks raising during Index raising. When Index raising and finding a potential swing-low, I will looking for that stock with the highest correlation whit BDI. From my backtest, those stocks are Star Bulk Carriers Corp, Knot Offshore Partners LP, Safe Bulkers Inc by giancarlopagliaroli113
SBLK - ShortThe Idea based on technical analysis only Entry will be under 24.5$ with potential target of 22$+-. SL will be around 26$ +- DYOR 🙊🍒 Manage your own risksShortby SharonSwingHalleluya1
Looks like a good companyHello, Star Bulk Carriers Corp is a Greece-based shipping company. It owns and operates a fleet of dry bulk carrier vessels. The Company’s vessels transport major bulks, which include iron ore, coal and grain, and minor bulks, which include bauxite, fertilizers and steel products. The company stock looks like a good buy from the bottom. The stock is currently trading at USD 24.99. 1st Target is USD 300. Good luckLongby thesharkkeUpdated 0
Entering consolidation phase and lower before ERPlease see my previous analyses in the related ideas field. They pretty much nailed it at an 85% accuracy rate. The thesis is very simple. SBLK often performs four trending sessions between ERs . This pattern has persisted since early 2020. It often breaks up or down when seeing an unusual vol. The MACD always gives out hints about the trend. So the trading strategy is pretty clear with this stock. All you need is to identify the beginning of those trends. However, last quarter it became a bit tricky as it's impacted by the market directions and volatility. Those trends still existed but became rather hard to catch. No doubt the company operates strongly and its price holds pretty steadily. However, after 2 super seasons, I think we are going to meet a certain recession in this industry. One aspect is the overall bearish market sentiment. We will see money quickly move out of the market and there is no exception. So far I don't see any big flows but I kinda expect there will be when the market almost reaches the bottom. I think it will go sideways over the next two seasons. I will sell 90% of the position and re-enter when seeing the $24-$26 range. Of course, this is not a financial suggestion, and please do your own DD ^^. Thanks. by yungyehUpdated 444
SBLK BUY@26.5-27 / SL - 25 / TP - 30.5The price is close to the two strong support lines. Fundamentally the company is doing well. Last 3Q the company surpassed analysts forecasts on revenue and EPS. Is undervalued based on major multipliers. Longby KonstantinGer0
Take profit now and leverage for the next roundI had successfully predicted the trends. See I don't know if the pattern will be the same this season but there is no reason it will not. Therefore, here is my strategy for this season after it hit my target. I exited 80% of my holding of this company stock to take profit. I used the (costless) collar option strategy to protect my shares (April, $26/$29 Put Debit Spread, sell $34 Call, credit $0.05). I bet on the big drop before the end of March so I bought 4/14, $30/$25 Bear Put Spread for $2.00 debit per spread. I hope this bet makes at least $100 if it drops to $26 by end of March. Please DO NOT take my strategy as financial advice. This is just my strategy. I hold no responsibility for your trade. Please do your own DD and proceed with extreme caution. Shortby yungyehUpdated 0
5/18/22 SBLKStar Bulk Carriers Corp. ( NASDAQ:SBLK ) Sector: Transportation (Marine Shipping) Market Capitalization: $3.267B Current Price: $30.65 Breakout price: $32.00 Buy Zone (Top/Bottom Range): $30.55-$26.80 Price Target: $39.60-$40.00 (4th) Estimated Duration to Target: 225-232d (4th) Contract of Interest: $SBLK 11/18/22 30c Trade price as of publish date: $5.00/contractLongby lord_catnip2
Long scalp SBLKBased on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF SBLK exceeds yesterday's high of $29.88 during today's session.Longby MrHalfPercent0
$SBLK Setting UpMarine shipping is back showing signs of leadership. $SBLK calming down and trading tightly in the last 3 sessions while market selling off. Notice volume drying up = supply stopped coming to market Focus for next week.Longby TaPlot114