TK trade ideas
Teekay NYSE: TKPromising Stock to increase 111% year after year for 3-4 years (total of 400%) starting mid 2018. Clean and dirty shipping industry has an oversupply of ships promoted by irresponsibe investment banks trying to make a quick ROIC. The EQ Value of this company will raise again to around $60/Share.
FYI: I work in the shipping industry. Focused in the transportation and storage of specialty chemicals and other bulk liquids.
TK Quick Day TradeLooking to get in at the trigger price. If in the 1 minute chart VWAP hasn't crossed 9 EMA once price reaches target then I'll increase my stop. Otherwise I'll take in my profits.
Buy TK on Any Dip in the Next 1-2 WeeksBuy TK on Any Dip in the Next 1-2 Weeks and you won't regret it.
Target: $10.50 by mid 2017
