Wednesday, March 1, 2017

TUGS on immediate trend breakdown

Harbor Star Shipping Services, Inc.

TUGS is on a breakdown from the following patterns:
- Breakdown from a Head-and-Shoulder Top pattern (projected TP is near 3.00)
- Breakdown from the Uptrend Price Channel (projected TP is near 2.75)

*Immediate support area is around 3.16 ~ 3.24.

Trading Plan
- Avoid for now until new trend develops or consolidation area has been established.


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