Based on the wave pattern I think there is a good chance we may have a drop over the next week or two to close a gap and complete the expanding triangle (see hourly chart). This is a high dividend stock ( currently around 14%). If so I will go long. Process your way and make your own decision. If you like fundamentals see: seekingalpha.com/article/4462334-star-bulk-carriers-follow-the-smart-money
Note
Another Fibonacci option is that c=1.27x a. Big up today after good news.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.