Diana Shipping inc.
Long

DSX On Fire As Expected

266
I first featured DSX on April 28, 2021, when it was on the verge of a major breakout. Though I have been following it for years.
DSX Major Breakout For Investors


Then again on May 7 when the breakout occurred.
DSX UPDATE TO THE MOON!


And again on May 19
DSX Update 20% Plus While No One Was Looking.


Since my first post, DSX has now risen nearly 50% in a few months. Shipping is a bottleneck industry that gives it pricing power
under certain conditions. Usually commodity spikes, this time we have supply chain issues and commodity spikes which i also
featured here back on Feb 24, 2021 that was possibly topping at the time.
CRB Commodity Index Topping?


On April 28 I confirmed the CRB breakout from a 13-year channel.
CRB Commodity Index on the verge of a 13 year Major Breakout


As result, DSX exploded since then. I don't see CRB pulling back anytime soon as such DSX should continue to soar. Despite so
people cherry-picking commodities implying the bull run in CRB is over. Be careful of those types bc they can lead you to sell DSX
prematurely.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.