(This post was last modified: 2013-07-23, 06:16 PM by goodtyneguy.)
RE: Watchlist - Investor method
Global Ship Lease (GSL) is a minnow that looks interesting. Not shown (EOD data only) but today has been a big up day on unusually high volume. The negative is that it's not a very liquid stock.
The shippers may be of interest in the near future, this is the Guggenheim shipping ETF SEA
EDIT: Please note: the correct entry for an investor is at the Stage 2A break out and not the higher level as indicated in the chart.
I was going to post this one in the trader watch list but I calculate that we are looking at an ATR(200) of 3.78 with a stop under the last swing low at 16.61. Having said that, it may make a higher swing low before it breaks out. Best to play the strongest stock in the sector given the opportunity imo.