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Eagle Bulk Shipping Inc. Message Board

  • thetechtraderca thetechtraderca Oct 18, 2013 1:14 PM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on EGLE at TheTechTrader site noting: Eagle Bulk Shipping, Inc. (EGLE) has been doing well of late. It had a beautiful run-up, formed a perfect pennant, exploded out to resistance, came down and formed a nice little coil-type pattern or wedge, and in the last few days it moved out of it and moved up. On Thursday, it got up as high as 7.92, backed off to 7.69, up 38 cents, or 5%, on 1.5 million shares. With a little more volume, it has the potential to get up to the 8 3/4 range, and reach 10. That’s the short-term target on this one.

7.33-0.05(-0.68%)9:37 AMEDT