CTRM trade ideas
CTRM - Long Term CTRM - It is so bad stock, because it is moving down without any bad news.
Even though there were showed good potential profit according to buy many vessels. So far, the company financial statement is good, because there is single Full time employee as a CEO.
The CTRM take all share profit by himself anytime after RS through a fake board meeting, because CEO is working for only single employee.
I am not sure if CTRM is scam business or not. Do you think it is good for long term? I am disagree now, because he can close the business anytime.
Anyway, I just put technical view.
I am seeing 1.90-1.95 range. but.. 4 hour chart shows me.. a little up.... I hope 2.25 -2.50
Good luck. But the CTRM big risk
CTRM - Curren Bearish Trend!!! 0.64 / 0.22Hello,
CTRM is Bulk Ocen Service Provider. I believe it should be move up, but it is still going down.
It is very dangerous area.
0.89 or 0.90 is bullish confirmation area.
**** NOW.. Bearish... If you long term investment.. maybe it will give us a profit.
CTRM --- IdeaBuy in between 1.40-1.65 take profit up inside box. These are soley my ideas and due not constitute as advice.
Another one idea Im expecting Q3 results 9-11 novemer, i think it will move like this ( NOT FINANCIAL ADVICE DYO)
CTRM bouncing, watching these levels decent risk reward on $CTRM as well, look for a move to 2.75-3+ in short term if we bounce off this blue support, remember to use tighter stops on penny stocks since they are so volatile. good luck!
Purple line update (daily time frame)You can really see the suppressing power of the purple line here. It squeezed and it broke out, looks to me like it's forming a good floor. My swing target would be around the $6.00 range. It is possible it could go higher if there is enough momentum. The RSI is stalling. Looking for the RSI to choose a direction.
Purple line update (weekly time frame)As you can see, price action has cleared the famous purple line. And it looks to me like a really good setup right now. But do your own research, find what the bears are saying as well. This is not financial advice.
CTRM moving higher soonEntry and take profits in green zones,
Daily candle broke over the 100 MA.
What do you think? Leave a comment below.
CTRM moving up soonEntry and take profits in green zones.
$5 $10 $20 what do you think?
Leave a comment.
$CTRM - As promised, I'm long here. I have actually been long for a while on CTRM. I added a bit on the dip lower as well. I'm convinced we are bottoming out, the pattern is pretty clear on low and high timeframes.
Share your thoughts in the comments, lets see if we can get a nice discussion going. I'll make some wave updates once we get more movement up or down.
Trade safe!
Eyes on the purple line.I'm showing this cart on the weekly time frame to explain what it is visually. Most of the things you already know about "support" and "resistance" apply. On the 4 hour chart the price has also found support on the SMA line. Crossing the purple line is bullish. The question is, will it 2x? 3? 30x?
cheers.
CTRM finally breakout from downtrendAfter 6 months of nonstop drop, reverse split, common stock offering this company finally heading for a bullish direction. With rapid increase in shipping cost, good cash balance in hand, and a technical set(bullish divergence with double bottom) this stock is definitely going to run soon.
In conclusion:
Bullish reasonings:
- Technical: double bottom, bullish RSI, falling wedge breakout
- Fundamental: high shipping demand = high cost per shipping, 2021 June revenue went up 10x compared to to 2020 June, strong cash balance 40M compared to 6M cash burn.
If there is any stock you want me to analyze, pls let me know.
Great divergence from CTRM v. Baltic Dry IndexDespite CTRM having good running earning report, the share price has been plunged down more than 800% from the top. The stock is heavily shorted by hedgie with reason of reverse stock split. There is a great divergence with Baltic Dry Index. BDI Index have break 10 year new high. It imply company may have record high Earning report incoming. We may hope have possibility to see the stock have reversal signal anytime soon.
from the chart analysis, there is huge volume come in @ aug 6 make a gap up LC bar, then doing a full pullback covered the gap. Currently the chart is still havent done complete pullback. may need to further monitor..
current support 1.87- 1.91 show have a temporary good support in this moment.
Cup and Handle breakoutLong term play - 1 year chart shows clear cup and handle pattern. Expect short term upside of 2-4 and long term looking at 12-14. This is not trading advice, I am practicing my trade strategies, patterns and research. This upside may come sooner than anticipated with recent shipping container shortages. Bullish idea.
CTRM Quick analysisctrm ready for a buy here. we must not let the fear drive us. the 3 day macd cross to the upside at a key fibonacci retracement level can set us up for a huge gain on a long position
rigo
CTRM CHANGING STRUCTURE - HUGE UPSIDE POTENTIALHello traders, While I was checking some opportunities, I found this nice setup. We were in 2 clear bullish patterns and finally it's changing structure. I'm waiting for upside push soon.
$CTRM - Stonk hit the blood eagle zone, this is where I enter. After a very very decent and strong correction (following the reverse split), I think CTRM is finally ready for a sizeable bounce. I'll update later with profit taking targets, but at this point I'm expecting a 30% bounce very soon.
Wave structure seems to be complete on the ABC (and 12345 of C). Fib levels and previous supports are acting as confluence.
Trade safe!
CTRM Daily CTRM will be bear to 2.11 as strong support then will be long we will waiting price break trading line
CTRM, a stock co watch this week!CTRM, nice falling wedge on the daily also volume price construction looking good to me! Also broke trend line on RSI! And we see nice bullish divergence on the daily!
Only OB needs to hodl!
ready for a move up ?could be good to go could be a couple red flat days before a big pop in the money july contracts are good to go !
