Seems like every major green day this stock has had is followed by a sea of red as bag holders jettison while price is up. Today was different, there was a significant sell volume paired with the buying. I'd like to see 2-3 days of green on this puppy to form a bull flag before going really long. I've been buying the pullbacks to the green EMA (20) and it's maintaining a nice growth pattern. Potential upside with this stock is huge. Tanker companies got hammered hard over the past year. I think the fact that these and energy stocks are seeing a rebound recently points to an optimistic year. Stay tuned.
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Nice little Cup & Handle Dec 4 - Jan 21
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Pullback to the 20 EMA, then buy. If long, hold!