RealMacro

DSX Coiling UP!

Long
BATS:DSX   Diana Shipping inc.
This is a very simple trade setup. After breaking out of a 14-year channel DSX has been consolidating for 2 years plus!

It now looks poised to push higher. However, this is NOT a trade you will make money in a day or a week. This is a the type of trade, where you accumulate over time, enjoy the 17% dividend, and forget about it.

DSX is in a bottleneck industry that will one day suddenly just explode. if you have room in your portfolio to fit this Buffet-style value stock, I think it will serve you well over time.

I have always been in love with bottleneck value stocks, they are the types of stocks that really make a huge difference to your net worth over time. However people hate them because they are boring, so the chase silly meme stocks. SMH!

Real Macro Economic Investing
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