GSL - Global Shipping Lease With Exceptional SignalsGlobal Ship Lease (GSL) stands out as a financially solid, deeply undervalued shipping play with improving earnings and favorable macro tailwinds.
If the stock breaks out above the Cup-& Handle pattern, it could be an attractive long opportunity.
For value-focused traders, the combination of low multiples, strong fundamentals, and technical setups makes GSL hard to ignore.
Global Ship Lease has nearly fully chartered its fleet—96% for 2025 and 80% for 2026—giving it strong cash flow visibility amid market turbulence.
On to the technical side:
From 2022 until now, the stock has traded within a large range of 14.62 – 29.90 and is now facing, for the third time, a breakout from the currently formed cup & handle pattern.
In anticipation of today’s breakout on news, I take this as my starting gun to begin building a position. I will be monitoring the stock closely intraday and trading accordingly.
Within the fork, we can see the price hitting the 1/4 line and getting slightly sold off. Ideally, we’d see a pullback to the CL or below. In the longer term, provided the fundamentals support the price, I would build larger positions at the LPL (Last Pivot Low).
The target for this stock is at least the U-MLH as PTG1 = 50% target at $36, and next the WL1 (PTG2) as the 100% target at around $48.
It goes without saying that this trade is not a quickie.
Good luck, and thanks for a like!
GSL
$GSL Buy the dip - global supply chain issues
- high rates in shipping locked
- 2022 estimates:
590M revenue
32% YoY revenue increase
65% YoY EBITDA increase
332M free cash flow
- either it should rebound from the support line of the channel or decline more towards the 200SMA where the entry point is even sweeter.
This is a nice BUY setup IMHO that satisfies both short term and long term factors
GSL Shippers Heating Up/Merger NewsGSL and Posiedon have agreed to a merger to take place sometime in November. GSL is being valued @ $1.78 a share by Posiedon and receiving over $200mln. With GSL trading at close today at $.95 the upside on the deal alone is great.
But also now take into account the shipper run that has taken place the past couple Novembers and I believe we have a perfect set of circumstance for a nice upside potential for GSL. Given that GSL ran to over $4 in Nov 2016 and $2 in Nov 2017 we could see $1.78 and more.
Check out the top trend line on the monthly chart below.
www.tradingview.com
seekingalpha.com
gsl up pattern formingsharp increase in GSL likely forming due to Baltic Dry Index & Star Bulk rising pattarn
$DRYS leading $GSLTextbook Rodrigue Bubble on $DRYS, too late to trade, but $GSL appears to be a day behind. Great short. Alerted by @stockwz on Stocktwits, thanks.