SHIP - golden cross on its way!

Ein harter Kampf um den 1,15$ Wiederstand aber ich gehe davon aus das er Heute fallen wird  

$1.1474 -0.0026 -0.23%

Und 700.000k Volumen  

370.000k buy volumen :-)  

Da wird an dem Wiederstand ganz schön gekämpft  

$1.145 -0.005 -0.43%

900.000k volumen  

Aus Investors Hub


$SHIP red to green coming. Could get sendy here. Nice dip, potentially nicer rip to come.
Already approaching 1M volume before noon. Volume precedes price  

http://nakedshortreport.com/?index=SHIP  

$1.1405 -0.0095 -0.83%

Volumen liegt bei jetzt  1.000.000k

Bin gespannt was die Amis nach der Mittagspause machen werden
 

$1.16 +0.01 +0.87%

Ist wieder aufgetaucht :-)
Mal sehen wer das Rennen macht  

$1.155 +0.005 +0.43%

So jetzt wird von der anderen Seite gekämpft :-)  

Jetzt passiert gar nichts mehr ?
Auf unentschieden geeinigt ?  

Bin gespannt morgen sollte Bolingerband auf die 200 Tagelinie treffen
 

Neue Attacke auf die Unterstüzung bei 1,15$  

Buy Volumen 580.000k  

Jetzt geht es wieder los

Norden gegen den Süden mal gucken wer der Sieger heute sein wird  

$1.15  unch

Volumen 1.100.000k  

$1.1663 +0.0163 +1.42%

Sollte es halten wäre die Unterstützung bei 1,15$ wieder hergestellt  

Why SHIP is poised to run in the coming weeks (technically speaking):

Golden Cross is Soon: Daily 50SMA (@$1.02) is approaching the 200SMA (@$0.89). The GC usually results in some serious price movement, followed by a longer term trend reversal to the upside. I think this is a big reason why some investing groups have set a target price of $1.5-2 and why the price has seen such strong action recently. The GC is in sight! A couple big days can pull that 50SMA up and make the cross happen much sooner than people think so I think it is just a matter of time.

SHIP Regains Nasdaq Compliance: Once the price closed above $1, it held above it with strong support. Today it was released in the news: http://www.seanergymaritime.com/en/news/...eleases/article-001DE56765

The Baltic Dry Index (BDI): The BDI covers prices for transported cargo. The prices are surveyed daily around the world. The BDI hit a low of ~$300 back in Jan/Feb of 2016. These prices take a large affect on the success and over financial stability of shipping companies. This is why, when the BDI starts to rally, so do shipping companies.
Recently, the BDI has seen a Golden Cross itself just last week, which has signaled an overall trend reversal. It made a nice bottom at 1175 a few days ago and now the BDI is sitting at $1296 and looks to be on its way to test the 1 Year High at 1350. And we all know that 52 week highs generally make more 52 week highs.
Looking further back, a 1350 break would actually be a 2 Year High as prices have not seen above that mark since 2014.

SHIP Broke Above the Ichimoku Cloud (Daily): It gapped above the top of the cloud at $0.97 and hasn?t looked back.

The 200SMA has been Crossed: This is often a big point of resistance for stocks approaching the Golden Cross as it can often act as the roof for potential GC stocks and push them downwards again. In SHIP?s case, the 200 acted as resistance for a while, prevented the chart from getting insanely overbought, and forced more consolidation than expected (in my opinion). This has only strengthened SHIP going forward. Now, the 200SMA sits at $1.02, comfortably below the current price action.

There is no telling what happens, but these are just a few factors to consider that could contribute to a nice run here. Invest wisely and GL!

~SP~  

$1.17 +0.02 +1.74%

1,15$ hat gehalten :-)  

Volumen 1.300.000k

Buy 650.000k  

Jetzt auch Offiziell von der Nasdaq bestätigt, das SHIP an deren Börse bleibt

http://secfilings.nasdaq.com/...0CORP.&FormType=6-K&View=html  

Baltic index hits near 5-month high on improving vessel rates
in Dry Bulk Market 08/09/2017


The Baltic Exchange?s main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near 5-month high on Thursday, driven by stronger demand across vessel segments.
The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 46 points to 1,296 points, a level last touched on April 13.
The 3.68 percent jump was its biggest in a single day since Aug. 11.
The capesize index climbed 176 points, or 7.22 percent, to 2,614 points, a peak not hit since late March.
?Capesize rates are gapping up yet again with global earnings bumping up to around $19,400/day fueled by strong activity levels in the North Atlantic market,? Clarksons Platou Securities analysts said in a note.
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, increased $1,218 to $19,449.
The panamax index was up 37 points, or 2.82 percent, at 1,351 points.
Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, increased $294 to $10,840.
Among indexes tracking rates for smaller vessels, the supramax index rose 7 points to 875 points, while the handysize index rose 5 points to 499 points.
Source: Reuters  

Dry bulk FFA market: Gunning for the top

Dry bulk FFA market: Gunning for the top
After a see-sawing session, the Baltic Dry Index (BDI) is once again poised to recapture its former height last seen in March 2017. By Wednesday, the BDI recorded at 1,250 points just 138 points shy of previous peak at 1,388 reading posted on 29 March 2017.

The upward momentum might push the BDI to surpass previous zenith set this year as the Chinese steel mills keep high production rates ahead of the capacity cut in October 2017.

Moreover, the Chinese authority had stepped up environmental measures to improve air quality near the vicinity of Beijing as the capital held the upcoming National People's Congress on 18 October 2017. ??Chinese steel mills are expected to reduce their sintering units ahead of the meeting to prevent smog in the city. In doing so, many mills have turned to using lump and pellets in furnaces to comply with environmental regulation, boosting up their prices and shipping tonnage-miles. ??

?It feels almost inevitable we will again test the $20k on index level over the couple of days,? commented a FIS FFA broker. ?So it will be interesting to see if that brings in more sellers or if the market can push beyond recent resistance levels.?

In pushing the $20,000 barrier, capesize September and October contracts were whiskers away with trading up to $19,150 and $19,550 respectively.  Overall, the capesize 5 Time Charter Average achieved $18,231 on Wednesday, up 8% from $16,819 recorded on Monday. The rising rates were attributed to new and better fixtures on both basins which might fuel further upticks toward the end of the week.

Panamax opened the week strongly before bowing to pressure and lost much momentums as some questions over whether there is enough volume out there to sustain current levels. By the end of Wednesday, the Panamax Time Charter Average recorded at $10,546, up $316 day-on-day, and gained 7% or $696 from rates of $9,850 seen on Monday.

???Once again the positive tone off the underlying persists on Wednesday but continued questions as to the longevity of the current strength is making for an anxious jumpy market with nobody wanting to miss the boat one way or the other.? said a FIS Panamax FFA broker.??

Later in the trading day, the tone in the closing remained optimistic with highs seen on September and October at $11,500 and $12,800 respectively, while Q4 saw resistance at $12,350 tested again. While optimism was seen in panamax market, the supramax stagnated in contrast with the rates barely moving.

?With pressure on the larger sizes the positive feel disappeared as we then lacked competitive bids down the curve causing us to drift to an uneventful close,? said a FIS FFA broker.

Then on Wednesday, aupramax contracts for Sep was paid $10,450 and Oct $11,150, which filtered into the Q4 as $10,800-$10,900 was seen trading. Overall, the Supramax Time Charter Average reached $9,777 on Wednesday, similar to the rate on Monday and down $8 at day-on-day basis. Finally, the handysize rates made some gains on Wednesday, recorded $7,259 for time charter average, up 1.6% as compared to $7,139 on Monday.

Posted 08 September 2017
© Copyright 2017 Seatrade (UBM (UK) Ltd).  

Seanergy Maritime Holdings Corp is scheduled to release their next quarterly earnings announcement on Thursday, October, 5th 2017.

An dem Datum wird es Spannend  

Dry Bulk FFA: Capesize Market Still Going Strong
in Dry Bulk Market,International Shipping News 08/09/2017


Capesize FFA Commentary:
A quiet start on capes finally gave way to stronger buying interest on the run up to the index. Talk of C5 fixing $8 and Pac rv approaching 21500 gave the index a sizeable push, leaving the 5TCs printing just shy of 19500. Sep and Oct contracts saw plenty of activity at 20k while Q4 reached 18900 but failed to print any higher. There was some support on the close despite the Geneva holiday and a general lack of late afternoon activity. A firm end to the week looks likely although the physical will have to produce some convincing headline rates which didn?t quite materialise today.
Panamax FFA Commentary:
It was a slow range bound day on Panamax paper with activity limited to the prompt contracts. The overall tone remains cautious on the back of a disappointing index but with a strong rally on Capes many seemed happy to adopt a wait and see approach as we near the end of the week and had a number of participants out of the market due to the Geneva holiday.
Supramax FFA Commentary
Supramax paper suffered a very quiet day today as we lacked activity throughout. After the active week we have seen so far today really struggled to get going as we drifted from start to finish. Of the little action in the market Oct was seen trading $11200. Have a good evening.
Handysize FFA Commentary
Very quiet day for the handysize paper. No reported trades. Have a good evening.
Source: Freight Investor Services (FIS)