Oh, the after hours on this is looking kind of juicy. That's nice, especially after kind of a a rough, a rough bleeder day on ctrm. That should be good. I open for the best here.

What is up everybody welcome to trades trades. We have technical analysis on different stocks in the stock market, as well as potential buy, hold or sell opinions on these. Given stocks, i'd like to purchase by saying that i'm not a financial advisor nor expert so take what i say with a grain of salt. The reason i started this channel is because a couple years back, i was about 30 000 deep in some medical debt, and i was very fortunate to have some close family friends and mentors that pushed me to work hard and invest my money and i'm happy to Say that not only am i not financially free, but i'm doing pretty well for myself at the age of 23.

So if i can pass along any of the information resources or tools here in the community make a couple people better off than they were before. That's all that i can ask for last, if you're not dropping a like on the video, it really does help support the channel and consider subscribing if you'd like to see more content like this. Now, today, we're going to give you an update on sticker symbol, ctrm caster, maritime incorporated and uh. We've got some good price action to cover here today, so we're gon na look at this macroscopically and microscopically we'll cover the one month chart as well as the two day.

One minute chart. Look at the overall volume on the chart establish some levels of support and resistance, potential entry points and exit points. I do currently have a position in the stock to be completely transparent. I'm sitting in ctrm at a dollar cost average of 37.

I think point eight cents, 37.9, ah so close 37.9 cents with 6 000 shares. Today's loss is about 143 dollars, currently up nasty, filthy, seven dollars and eighty cents or in other words, point three. Four percent uh total. So nothing much happened here yet, but the charts don't look bad, i'm actually very, very excited for the way.

This is looking uh we're going to talk about some different indicators. Here i have three different ones pulled up, which is the rsi the relative strength index. Anything over 70s overbought anything under 30 oversold, i have the 200 ema, which is the exponential moving average. This dark blue trend line right here, and this is a price action based valuation trend line over a 200-day moving period, as well as the 15-day vomit.

Through the light blue trend line right here - and this is the volume adjusted moving average uh, some brokerage accounts won't offer this. You may need to use the v-wap or the m-a a little bit different, but they're about the same thing, and this is just a price action based evaluation trend line over a 15 day moving period, adjusted accordingly to the overall volume, and i use these two indicators. So that i can get a side-by-side comparison of price action, also considered with the overall volume as volume drives, volatility and volatility drives higher price valuations. So we're gon na look at all that look at some different price action, both buying and selling pressure here on the charts and the whole nine yards.

So let's just get right into the video. So, to start off with a quick shout out to the guys over the patreon we're almost 600 members strong now jesus christ. That is absolutely insane. I cannot believe that uh.

It really means a lot to me. They'll have access to private discord as well as real-time insight to my personal training and guys. We've got a lot of great stuff in here. We've got chatting questions, investing assistance, options, trading, stock, bought, short-term plays midterm, plays long-term plays a spac plays cold stocks, whole bunch of different sectors and industries, and some people in here make a lot of really good money.

If you look here at the weekly earners and learners, we've got some people 89 off of uh vxrt, which is absolutely insane. We've got uh 8.55 percent up today, 58.63 in the last week, absolutely insane margin. So if you'd like to be a part of this awesome community, and some really good investors check out the links to the patreon down below now, if you're not familiar with what ctrm is i'll just show you a quick uh description. They engage in the provision of shipping transportation services through its ownership of dry bulk vessels.

It offers seabourn transportation services for dry bulk cargo, including iron ore, coal and grain collectively referred to as major bulks and steel products. Fertilizers, cement, bauxite, sugar and scrap metal collectively referred to as minor bulks. The company is founded by petros panic, guillotines on september 12 2017 and is headquartered in la masol, cyprus, and i think some people are still sleeping a little bit on this article. So i want to present it to you guys just so i can show you what i think about it, and this could be a huge catalyst in the future for any sort of uh transportation, especially ship born transportation.

Uh companies out there, so an aggressive fight over containers is causing shipping costs to rocket by 300 percent, so shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them. According to industry, watchers ikea singapore operations called it a global transport crisis and estimates. 850 of its 8 500 products are affected by shipment delays, chinese tech giant alibaba's, logistic arm, kainaya, kai and neil. I'm probably saying that wrong launcher container booking service last week.

In response to the global shortage - and we do see that ship today was probably affected by this they're up a crap-ton - oh my god, they're doing insane in the in the after hours right now, that is so filthy uh ship is absolutely crushing right now. So that's good to see - and i could see ctrm doing the same thing here in the future. So uh it'd be very interesting to see how people react to this overall article. As you can see, ship was definitely affected by that and with an increase in demand and increase, a decrease in supply is going to become an increase in demand, and this should start to drive the price valuation up on ctrm.

That's my prediction. Of course. I can't predict the future. I can only look at things and analyze them from my point of view, but it does seem like something that could possibly affect this company.

So that does look good right now. We're gon na look at the charts here and look for some other confirmations, so today's price action we were oversold rebounded nicely to the the middle on the rsi indicator. Just a hair above neutral a little bit of a sell-off here and the market was a little bit red uh at about you know an hour and a half or two hours into the day. Today, there's a bit of a bleeder, we saw a huge, huge sell-off.

Just about on every single stock at the exact same time, so that is a little bit of an outlier, but you know retracement wise from the base of the run-up. If we just pull this down to the base, we're looking at a retracement and a break through the retracement of uh, 61.8 percent at 39, just a little over a little under 39 cents. But we did come back nicely to that to this level. In the after hours, so we do have some nice buying pressure here.

What i do like to see overall, is these two hammer candles. These are filthy red. Those are filthy hammer candles, and this indicates a lot of buying pressure. Sellers tried to push the price down.

All the way down to 33.8 cents and failed to do so buyers step back in and push the price on ctrm all the way back up, and we see that happen here again with this candle we have another hammer candle. So, anytime, you see these long wicks underneath the candles here these long bottom tails that indicates weak selling pressure and buyers stepping back in to control the price. So that is a good thing to see. We do have a couple of almost not quite doji candles.

So a lot of consolidation here, a little bit of a dip at the end of the day. You know this is a three day stretch or so, but looking at today's price action, we do have double confirmation. In the last three days, with a couple hammer candles and a couple of top bottoming out tails, we do have some wicks on the top of these candles they're, not very long, though so that doesn't concern me a lot. The longer the wick is on top of a candle, the more that indicates weak buying pressure.

So here in the after hours, for instance, that's a weak top out tail. That's a weak topping tail here, not as bad. We do see a little bit of consolidation. If i had to guess, of course, i can't predict the future, but if i was to guess what the next couple candles will look like, they'll probably be red here in the after hours, but i do think that news catalyst should be something that helps push up.

The stock price on ctrm in the future, so that's something i wanted to point out to you right off the bat currently hugging, this 61.8 retracement, which would be a good entry point into the stock. If you see another overselling point like this, where we reached that 30 on the rsi, we have seen that if i delete these green circles really quick, we have seen a test of 33.8 cents and it wasn't for very long, but it did happen. So if you are interested in getting a position in the stock, you could set a limit order for 34 cents, and if you see that just for a second ripped down to 34 33 cents again, it should fill your order. As long as there is demand for the stock right - and it does seem that there was because that did not last long - we came back up so as long as your order gets filled, you should get in a pretty nice price, so anywhere between 33 cents.

You know you're less likely to get it filled in that instance, but it is still possible anywhere between the 33 cent mark and i think 37 cents will treat you extremely well. I think honestly, more likely is 38 cents so anywhere between 33 and 38 cents. I think it's going to treat you pretty good if you're willing to hold for a swing or midterm investment, and this is still bullish territory. The gap did close down a little bit today between the 15 volume and 200 ema, but this has been, you know very steadily growing for quite some time now.

We've got good growth happening here uh we were down at 18 cents on the 28th of december. Currently, trading at 39 cents, so we're up 100 guys i mean, if you can, if you can turn 100 profit every single month on a stock. That means that you're averaging 25 a week on the stock. Now, i'm not telling you to put all your eggs in one basket, but if we continued this and you had your entire portfolio in ctrm, uh you'd be doing pretty good.

You can't. You definitely can't complain with 25 profit average every every single week, so uh ctrm is on a good overall growth channel at this given moment, and the most of this growth has happened in the last month or so for whatever reason or another we have seen. You know there's that there's been some news catalysts, we do see an increase in overall volume before we didn't see a lot of volume. An increase in volume comes an increase in volatility.

Increase in volatility comes an increase in price valuations, so we have been seeing a lot of that volatility and buying pressure coming into the stock, and it does not look like it's it's going away yet uh. I can see this going a couple different ways, so you know today we did see a little bit of price correction happen, nothing terrible down about 5.9 percent, which is a little bit. I mean it's a penny stock, but for being a micro cap stock. A 38 cent stock giving back 5.9 is not that bad.

That's really not bad whatsoever. In fact, if we, if we look at some retracements from, let me just retrace this to here and re-plop this top of the retracement to this candle right there uh. Oh actually, my bad, my bad. We do keep it here and then keep this at the top of this candle.

We actually hold right now, above that 39 cent mark extremely well, and if we put it at the bottom of this retracement, you know this is still the same retracement as here we're still honestly, holding very well at that 38 mark. So, in the grand scheme of things we haven't given back that much on the stock. At this given moment, the overall volume is becoming more and more consistent every single day and one thing to keep in mind with ctrm that i've noticed as a trend is, if it, if it opens green, it typically finishes green. So we see it open.

Red here finished red, started, green, open, green finished, green, open, green, finish, green, open, green finish, green, open red finish, red open red finished red. So if you see a green bar at the open on tuesday market open, i would take a gamble and say that you're probably likely to see a green day, and we do see some good buying pressure right now here in the after hours, which is good to See man i'm just thinking of ship again, that's insane. I had this stock dude. It was doing nothing, that's just how it goes.

That's how it always goes man. I tell you what what do you do? What do you do? You can't win them all. Honestly, i'm not, i can't be mad whatsoever, i'd rather nickle and die in the market than chase those run-ups. That's just my personal training style, nickel and dime over time.

My friends, it builds out your portfolio, i swear um, but uh. That's how things look right now on the one month, charts we'll change over to two day. One minute chart real quick look for some extra confirmations and at the price action on the day, really fast, all right if we just take a quick peek. This is that selloff that i was talking about across the entire market today.

So if we come over to shift, you should see it at about the same time right about there. If you come over to mbis, you see it about the same time right about there. If we come over to, i bet a noob had it right about the same time. If we go over to, i bet, zome had it well, they're barcoding again per usual god dang zom, always bar coding.

If we come over to acm they had it right or no amc, i meant to say, but they had it too. I don't know what acm is, but amc had this too right. So we did have that that uh, that market-wide sell-off at about uh, 11 17. uh so take that for what it is.

That's a little bit of an asterisk when it's a market-wide thing, but we did see a pretty huge pump in volume right here. 6.2 million shares traded and not a lot of price action, so i don't know if that's market manipulation or if that's just like an even steven split with with, buys and sells that doesn't make sense to me. I feel like there's a decent amount of market manipulation happening today, there's a lot of price action that confused the living crap out of me. I just put on a video on aph and i feel like this should not have played out this way, but i guess i don't know we don't control the markets.

We can. We can only make educated decisions right so with ctrm. We do have a nice huge fat closing bar of volume, which did not pan out for whatever reason or another. We didn't see a lot of price action come from that, but you know a little bit of a bleed bounced back very nicely on the rsi indicator.

For the rest of the day, we actually had a pretty nice, slow and steady climb and, typically when a stock grows more slowly, you're less likely to give that back, you're less likely to see a retracement because you're, not scaring investors right. It's way way less risky to get into a stock. That's growing, two three four five percent a day, but a stock that ran up a hundred percent in two hours right when you get into a stock to turn up over 100 two hours. I just speaking for personal experience, i'm thinking in my head.

What what do i do? What do i do? What do i do because are people gon na take profits? Are they going to hold? Are they going to buy more they're going to try to push the price? It's it's! It's risky business, it's volatile and when a stock runs up this slowly, there's not so much emotional decision making happening here, you're able to step back and look at things very logically - and i think that's what's happening right now with ctrm there's investors that are getting to The stock we do see very consistent volume pumping in the rsi. It corrects a little harshly sometimes, but we did see a nice bounce today and that correction did not last for very long, so uh overall ccrm does look pretty good entry point right now: 36 cents. I think will treat you very well uh that news catalyst should be something that helps push it in the future. Hopefully it does something like ship's doing right now, ship's going absolutely insane.

That's that's crazy. I was actually looking at this at the end of the day when it was like a buck 20.. I was like man, that's pretty crazy good for them for going up 20 cents and they come back like 20 minutes later and they're up another 20 cents. So it's good stuff anyways.

That is my update for you guys today on ticker symbol, ctrm my day in the market, i was down about three hundred dollars uh. I was sitting at 30 800 bucks on market close friday, so uh down about six, seven 250 bucks, or so i don't know why. My today's gain and losses is always wrong, but you can check out my past videos if you want if you want to verify anyways. That is what i have for you guys today.

If you enjoyed the video, please drop a like. It really does help support the channel and consider subscribing if you like, to see more content like this and lastly, i do have an affiliate link in the description box down below for weeble. If you're interested in getting four free stocks with a 100 deposit uh, you are welcome to sign up. I will also receive some free stocks great way to support the channel and, if you're not interested, that's totally fine uh.

It doesn't really bother me whatsoever. I'm just glad to have your support by taking the time to watch my videos, so that is what i have for you guys today. Thank you for watching my friends and i'll see you all next time. Peace,.