Eagle Bulk Shipping, Inc. (NASDAQ: EGLE) momentum breakout alert!
Last update: Jun 1, 2022
TRADING IDEA
Eagle Bulk Shipping, Inc. is a holding company, which engages in the ocean transportation of a broad range of dry bulk cargoes worldwide through the ownership, charter, and operation of dry bulk vessels. Read the full profile here.
STRATEGY
Momentum Breakout Setup (Short term)
- clean breakout during last trading session (+4.4%)
- heavily increased buying volume
- closing price higher than $72.6 (latest resistance)
Last earnings: 2022-05-05
Next earnings: 2022-08-03
ACTUAL SETUP
- Buy Stop | $73.42
- Limit | $73.60
- Stoploss | $68.66
- Target | Hold between 2 - 5 days
STOCK SCREENING SETTINGS
Through this link you can check the other stocks that were also withheld with the same screen filter (2022-05-31 EOD).
ADDITIONAL INFO/TIPS
- Use our ChartMill Postion Sizing Tool to calculate the maximum number of shares you can buy, depending on your available capital!
- Why using Stop Limit Orders?
Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.
EAGLE BULK SHIPPING INC
NYSE:EGLE (4/8/2024, 7:04:01 PM)
After market: 62.6 0 (0%)62.6
0 (0%)
EGLE News
STAMFORD, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”) today announced that its...
a month ago - Halper Sadeh LLPSHAREHOLDER UPDATE: Halper Sadeh LLC Investigates EGLE, X, PGTI, NGM/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
2 months ago - Seeking AlphaEagle Bulk Shipping declares $0.60 dividend (NYSE:EGLE)Eagle Bulk Shipping (EGLE) declares $0.60/share quarterly dividend. Forward yield 3.87% Payable March 21; for shareholders of record March 13; ex-div March 12.
2 months ago - Seeking AlphaEagle Bulk Shipping Non-GAAP EPS of $1.13 beats by $0.44, revenue of $104.6M beats by $23.39M (NYSE:EGLE)Eagle Bulk Shipping reports Q4 earnings, with non-GAAP EPS beating expectations by $0.44 and revenue exceeding estimates by $23.39M.
STAMFORD, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”), one of the world’s largest...
2 months ago - Halper Sadeh LLPSHAREHOLDER UPDATE: Halper Sadeh LLC Investigates EGLE, DSKE, SOLO/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
2 months ago - Kahn Swick & Foti, LLCEAGLE BULK SHIPPING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Eagle Bulk Shipping Inc. - EGLE
2 months ago - Market News VideoCommit To Purchase Eagle Bulk Shipping At $45, Earn 7.2% Annualized Using Options
3 months ago - Seeking AlphaShipping, oil stocks turn lower after Israel said to agree to ceasefire deal in GazaShipping company stocks dip on reports of a potential ceasefire agreement between Israel and Hamas emerge.
3 months ago - Seeking AlphaEagle Bulk, Euronav downgraded at Jefferies ahead of Q4 shipping earnings (NYSE:EGLE)Jefferies downgraded Eagle Bulk Shipping and Euronav to Hold, citing factors such as merger pricing and capital expenditures.
3 months ago - Halper Sadeh LLPSHAREHOLDER NOTICE: Halper Sadeh LLC Investigates CSTR, EGLE, ICVX/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
3 months ago - Brodsky & Smith LLCBRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: McGrath RentCorp (Nasdaq – MGRC), Science 37 Holdings, Inc. (Nasdaq – SNCE), Eagle Bulk Shipping Inc. (NYSE - EGLE), Cerevel Therapeutics Holdings, Inc. (Nasdaq –
