Clarkson Share Price (CKN)

Typo error, should read 10/7/25, not 10/5/25.

My previous comment was dated 28/5/25. DYOR.

Bullish Japanese daily Marubozu candlestick 10/5/25, defined as open equalling low and high equalling close. The Marubozu shows significant momentum. In addition the Marubozu happens also the be an outside price bar , where the high is greater than the previous high and the low is less than the previous low. I must stress that the Marubozu candlestick is not always an outside price bar. However the outside price bar provides a sp target of 3765, calculated as outside bar range X 2, added to outside bar high.

Separately the price chart shows four separate peaks which connect a shallow bearish down trendline from March 2025 to July 2025. That down trendline has now been broken above recently to give a bullish bias to the chart.

Volatility based Bollinger bands are now separating implying a potential fast sp movement. What makes this scenario more likely is that the Bollinger bands have narrowed since late May 2025, confirming the sideways channel price movement. When volatility is constricted, it is often followed by an increase in volatility accompanied by fast sp movement. DYOR.

Seems to be pulling back a fraction as we potentially get towards certainty. Amazing value for a quality company given the cash position. I think shipping will survive and SKN come out stronger being the experts in the area.

Bullish RSI positive divergence where 28/4/25 RSI trough low greater than 10/3/25 trough low and price 28/4/25 trough low less than 10/3/25 trough low. The sp would need to rise to a target sp of 4155 to resolve the imbalance in momentum. The Parabolic SAR, can be used to provide a trailing stop level. DYOR.

It's a long term winner imo. best in class broking, best in class research, best in class Sea technology platform. dollar weakness could benefit from reversing to support the stock a bit more