Daily Archives: April 4, 2024

Showing articles 1 - 1 (1 total)

04Dec12:54 pmEST

Genco Grows Up to Be a Strong Man

Just when everyone forgot about the baby shippers, heres comes Genco Shipping, GNK, (and Eagle Bulk Shipping, EGLE), surging above their respective 200-day simple moving averages (yellow line on daily GNK chart, below).  What we want to see now is a few days of consolidation, starting with today's dip, which does not breach the 200-day below....

 
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