CTRM trade ideas
BIG RISK/REWARD ON CTRMHello there,
As you can on the chart, CTRM is in the support level and still holding it perfectly, I expect launching toward the targets on the chart very soon.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
RSI Divergence in play? .55 next target?last year players are popping up again, time will come to this stock as well. It can be anytime soon...
ADDED to $CTRM New Target 1.17 for 63.75% $CTRM Target 1.17 for 63.75%
Or next add level is at .26
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
CTRM 2021-01-13We will have fun with this ride. Maxim Group LLC prob will help this company not to get removed from NASDAQ. So, we know the result and have fun.
CTRM Heating UpNot an Advisor, took a small starter position here today at .49cents
Many Indicators crossing bullish here, looking at the fib retracements as support. Holding this long, this is the same set up as many of my other long positions. Digging these currently.
CTRM ready to reverse?It appears that CTRM is poised for a reversal based on the formation. I have made my first entry and wait on confirmation on my second entry. I will be setting a stop loss if it breaks south of the support.
Not investment advice, just what I am doing.
Castor MaritimeMission Statement:
We are a growth-oriented global shipping company engaged in the seaborne transportation of a wide range of commodities along worldwide shipping routes through our ownership of dry bulk and tanker vessels.
Recent News
1. Limassol, Cyprus, April 9, 2021 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the
“Company”), a diversified global shipping company, announces that it entered, through a
separate wholly-owned subsidiary, into an agreement to purchase a 2011 Japanese-built
Panamax dry bulk carrier from an unaffiliated third-party for a purchase price of $18.48 million.
2. “We are pleased to announce the successful delivery of the M/T Wonder Sirius, the second of
our two Aframax LR2 tankers. These timely acquisitions into the tanker sector diversify our
revenue sources while the attached charters provide us with cashflow security throughout 2021.
Our two tankers are projected to generate in aggregate, assuming no off-hire days,
approximately $10 million of gross revenues for the minimum scheduled period of the charters,
or approximately $21 million should the charterer exercise their options to extend both charters
by an additional one-year term. These figures do not take into account any profit sharing that
may apply above the minimum daily hire of $15,000.”
3. Limassol, Cyprus, March 19, 2021 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the
“Company”), a diversified global shipping company, announces that on March 17, 2021, it took
delivery of the M/V Magic Orion, a 2006 Japanese-built Capesize dry bulk carrier, and on March
18, 2021, it took delivery of the M/V Magic Argo, a 2009 Japanese-built Kamsarmax dry bulk
carrier, pursuant to the transactions previously announced on January 20 and February 3, 2021,
respectively. Both acquisitions were financed in their entirety with cash on hand.
The M/V Magic Orion is expected to commence employment under a time charter contract on or
around March 20, 2021, at a daily gross charter rate of $21,000 and an expected term of about
35 days. The M/V Magic Argo is expected to commence employment under a time charter
contract on or around March 21, 2021, at a daily gross charter rate of $25,100 and an expected
term of about four months.
*Not Financial Advice
What do you think?
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CTRM is tanking...Some important levels for everyone who is invested in CTRM. I would be careful with this stock.
$CTRM Target 1.33 for 52.14% Or next add level is at 0.41$CTRM Target 1.33 for 52.14%
Or next add level is at 0.41
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Castor Maritime Stock AnalysisThe Idea is to go long only if the 0.9 Support Level Will not be broken.
NASDAQ:CTRM
$CTRM PinBAr kiss off 50 day, daily higher lows, getting tightId add this on break out & keep adding at all highlighted levels, in time w patience this should do very well
CTRM daily chart using weekly support and resistance march 2021CTRM daily chart using weekly support and resistance march 2021
we're on a boatopened another long position again in shipper $CTRM ~ 0,96, stop at 0,78, taking profit at 1,42.
probably could run to 2,75 but it's volatile, no options available, etc. be careful, I'm obviously not an advisor. do your homework, don't trade unless you can afford to lose your inital investment.
CTRM (NYSE) - Go to BullishGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
CTRM (NYSE) - Go to Bullish
