Hafnia is an incredibly well run massive shipping tanker company with almost zero name recognition in the west. it has a large number of small to medium tankers; great balance sheet, CEO you'd let your sister date etc It recently listed on NYSE. Rose with shipping rates and then fell. But shipping rates have stayed elevated. Fearnleys Report is a good place...
big divergence in july, responding to crystal ball fighter pilot guy
responding to a ball gazer, showing SMH had made almost all of its recent gains in low volume activity
looks like it will hit long term resistance after shaking out weak hands
I assume distribution. Hard to value a 1-approved-drug bio company with a not-yet-commercialized cure for a self-described 'rare condition' at 13B . Also usually when things go up a lot they come down a bit first?
short term bullish. if the longer running trends also give, thats very bullish upto longer term resistance
Mortgages tend to be right at the prime rate over time, falling a bit below or above (recent decades) depending on sentiment, but large diversions would be relatively unprecedented.