SBLK: One to watch for your IRA. High yield and growth.

Based on the wave pattern I think there is a good chance we may have a drop over the next week or two to close a gap and complete the expanding triangle (see hourly chart). This is a high dividend stock ( currently around 14%). If so I will go long.
Process your way and make your own decision.
If you like fundamentals see:
seekingalpha.com/art...llow-the-smart-money

Kommentera:

Another Fibonacci option is that c=1.27x a. Big up today after good news.