Ship Finance International Limited (NYSE: SFL) — This company is an international operator of vessels and offshore related assets consisting of oil tankers, bulk carriers and a variety of other ships.
The stock has risen from $13 to over $20 since July 2009.
Following a break and run from $15 in February to $21, SFL has been consolidating within a right triangle.
But during this time, the stock has been under accumulation, and yesterday broke from the right triangle following a buy signal from our internal indicator, the Collins-Bollinger Reversal (CBR).
SFL pays an annual dividend of $1.53, a yield of almost 8%, and has a trading target of $23.
If you have questions or comments for Sam Collins, please e-mail him at samailc@cox.net.
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