US Stock In Play: $ESEA (Euroseas Ltd)strong uptrend and relative strength. looking at a swing trade position at the break of downtrend line
ESEA
$GLBS Anticipating a Major Run Post R/S+Shipping Season PT $30+$GLBS Has had a history of running big after R/S's and during the Shipping Season grabbed a large batch for the run ahead into December. Anticipating possible $30+ on the run this year.
ESEA - Target Established - Bulls in full control Euroseas Ltd. is a holding company, which engages in the provision of ocean-going transportation services. It operates containerships that transport dry and refrigerated containerized cargoes, mainly including manufactured products, and perishables. The firm also owns drybulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. The company was founded on May 5, 2005 and is headquartered in Athens, Greece.
SHORT INTEREST
98.11K 09/13/19
P/E Current
-5.88
P/E Ratio (with extraordinary items)
-4.28
Average Recommendation: BUY
Average Target Price: 1.15
ESEAStrong RESISTANCE area AROUND $8 -$9 ( blue line AREA). VERY LONG TERM BUY TO SEE THE DEAD CAT BOUNCE BROKE THE RED LINE RESISTANCE LINE FROM THE TEMPORARY TOP. BUY SIGNAL.
