EXM was trading nicely within a possible wave 4 triangle pattern since the 6.63 top formed on 11/11/10. With the trend since the 7/7/10 low of 4.59 being higher, some may have expected this triangle to break higher and not…
Trade Signal EXM_010511
Buy signal trading EXM- January 5, 2011* Trading signal for daily price bars Buy price: $5.63 Sell stop price: $5.44 LEVEL HIT – January 19, 2011 Short term profit level: $6.31 Long term profit level: $6.85 Trading Signal Buy Chart…
Excel Maritime Trading Price Target
For this particular price target and the trading range of EXM today, a 150 day daily chart will be looked at. This is roughly the time frame from the 4.59 low on 7/7/10. From this low EXM made a high…
Trade Signal EXM_052510
Buy trading signal triggered on EXM on May 25, 2010**. EXM- Buy signal triggered on EXM on May 25, 2010* Trading signal for daily price bars Buy price: $5.22 Sell stop price: $4.82 LEVEL HIT – July 7, 2010 Short…
Short term trading gains will likely be tested in dry shippers
Last week the trading of EXM and DRYS was on the watch list for potential bottoming process in play. EXM has continued to show volatile strength to the upside while DRYS has shown some signs of its volatile downside beginning…
Excel Maritime Carriers took the plunge
With EXM recently on the radar for successful trading signals and DRYS doing nothing to excite a long position, todays trading action in EXM could be exactly what DRYS needs. The chart was exciting to see develop and if it…
Shipping stocks could be positioned for a big swing
While some may be wondering why the market is still headed higher or when a correction will come, why think any harder when looking for the next catalyst. Just pick a sector that hasn’t moved yet, make up some projections…
Trade Signal EXM_033110
Buy trading signal triggered on EXM on March 31, 2010**. EXM- Buy signal triggered on EXM on arch 31, 2010* Trading signal for daily price bars Buy price: $6.05 Sell stop price: $5.80 Short term profit level: $6.46 LEVEL HIT…
Trade Signal EXM_022410
Buy trading signal triggered on EXM on February 24, 2010**. EXM- Buy signal triggered on EXM on February 24, 2010* Trading signal for daily price bars Buy price: $5.22 Sell stop price: $4.80 Short term profit level: $6.20 LEVEL HIT…
Trade Signal EXM_020110
Buy trading signal triggered on EXM on February 01, 2010**. EXM- Buy signal triggered on EXM on February 01, 2010* Trading signal for 60 minute price bars Buy price: $5.96 Sell stop price: $5.70 LEVEL HIT – February 4, 2010…
Excel Maritime Carriers Ltd. shows possible trading opportunity
This morning EXM traded to a targeted trading level. On a long term chart EXM has traded from 3.00 to 11.70. A 62% Fibonacci retracement of this move would be 6.30. EXM has traded to 6.23 so far today. The…
Trade Signal EXM_120209
Buy trading signal triggered on EXM on December 02, 2009**. EXM- Buy signal triggered on EXM on December 02, 2009* Trading signal for 5 minute price bars Buy price: $7.15 Sell stop price: $6.65 LEVEL HIT – December 8, 2009…
Excel Maritime Trades Strong To Upside
EXM has made a strong move higher as anticipated in the trading concepts write up. If you have not entered into this trade yet, you want to monitor EXM closely for an entry point. Today’s open did gap. From these…
EXM- Excel Maritime Carriers Ltd
Excel Maritime reported good numbers this week and the stock seems to be learning how to trade sideways. A change from its normal downward trend. EXM’s monthly MACD is close to crossing the signal line and the most recent low…
EXM- Excel Maritime Carriers Ltd
EXM announced a public stock offering and the stock took a big dip lower. Anytime a stock makes a big move up or down its a signal to research if a tradeable turning point is approaching. The daily chart shows…