US Stock In Play: $CTRM (Castor Maritime Inc)

CTRM continues its momentous ascend of share price with an overnight rally of +14.53%, closing at its 7 months high of $0.71. This accumulates to a total gain of +272% since the start of 2021.

The accumulation of CTRM was first reflected on 4th December 2020, followed by various rounds of stronger buy pressure experienced on 30th Dec 2020, 5th Jan 2021, 11th Jan 2021, 21st Jan 2021 and 27th Jan 2021.

At the current junction, CTRM remains inside a Bearish Spinning Top candlestick pattern that was printed on 28th January 2020 due to news of restricted trading on CTRM for being one of the reddit’s WSB target. The negation of this short bearish signal requires CTRM to clear $0.90.
castorcastormaritimeChart PatternsCTRMctrmbullctrmbuyctrmlongFundamental AnalysisTrend Analysis

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