We have been doing very well with the cheaper stocks so we are going to stick with this strategy for a while until we see a reversal in the trends. Eagle Bulk Shipping, Inc. (EGLE) is moving towards a key role reversal support level that will not only help us with an entry point but help us set an exit price as well. Once you see the green candle, buy the stock at the market and set your stop just below the support level that I’ve highlighted on the chart.
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