RealMacro

DSX On Fire As Expected

Largo
NYSE:DSX   Diana Shipping inc.
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.

Then again on May 7 when the breakout occurred.

And again on May 19

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.

On April 28 I confirmed the CRB breakout from a 13-year channel.

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.

Real Macro Economic Investing
www.patreon.com/Realmacro
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.