Ship Finance International $SFL - The Steady Climb.

January 25, 2017

 

Ship Finance International - $SFL

2017-01-25 1:07:00 PM EST

Another member of the steadily-climbing stock-price club is Ship Finance International, a very diversified shipping company and component of the Guggenheim Shipping ETF, $SEA. Our previous commentary on SFL back in late September 2016 made noises about weakness and some downside worries. Indeed, SFL's price took a wander off downwards to the 12.35 area. Once again, the US presidential election looks like the spark that lit the smoldering hopefulness of previous months. Building on support seen around 14.50 in the first half of December, there may be an additional support region at 15.00 or so. This might be a resting point, as checking the charts shows SFL's Relative Strength Index getting into overbought territory, but with possibly slight bullishness on the Moving Average Convergence/Divergence. 

 To find a wide range of maritime shipping news all in one convenient spot, follow our Twitter feed, @SuperiorMar.


  

Please reload

Recent Posts

Please reload

Archive

Please reload

Tags

Disclaimer: Content on this site is provided  for information purposes only. We are not a registered investment advisor, broker, dealer, financial analyst, financial bank, securities broker or financial planner. The contents of this site are not intended to be, and do not constitute, financial advice. For any investment decision, you should seek the advice of a qualified and registered securities professional. This website is provided without any representations, warranties or conditions of any kind. The opinions expressed by www.supermar.info article authors and those providing comments are theirs alone, and do not reflect the opinions of Superior Maritime. Superior Maritime is not responsible for the accuracy of any of the information supplied by these authors.

  • twitter

©2016-2019 SUPERIOR MARITIME