Trade Ideas for Tomorrow: EGLE, TLAB, TOL, KBH
January 25, 2011 at 18:17 PM EST
The short-term trend for Eagle Bulk Shipping Inc. (NASDAQ:EGLE) is clearly down and the stock appears headed to test its major support at $3.91. Any break below this level may take prices down to $3. At this moment the stock is extremely oversold and could bounce significantly at any time. Investors with a higher risk [...]