Nov. 24 at 2:11 PM
One of the strongest sectors lately has been shipping. ZIM
$SBLK $ESEA $NMM $EDRY
$ZIM potentially forming a cup and handle. We’ve seen it form higher lows recently with multiple change of direction candles from a year ago +
We’ve also see a potential cup and handle recently fail, but that was created mainly from exhaustion gaps and no real Vpa to support the pattern
And now with real change of direction the cup and handle can be what it should be, a continuation pattern of a newly formed recent uptrend