DSX, sinking ship to rise?

DSX is a greek shipper, which has sunk with the rest of the industry.  It has gone nowhere for a while. That might be about to change.

The weekly Chart shows a Kangaroo tail bottom and improving MACD.

Now to the daily:

The Daily shows a break out, on volume.  and a clear uptrend on the MACD.  However,  we will not chase it.  Look for a return to value zone.

Order to buy 400 at 8.51.  with Stop at 8.20,   .31,   R. < .003   Loss If Stopped  =  $124.
 Target.  9.30, or envelop breach.  Profit Target if all sold $316.   (consider selling half)

     Buy order placed at previous daily high of recent weeks,    Sell stop placed at LOD of previous day.

The stop is very narrow.  So there is a likelihood of getting stopped out quick.  But if the trade survives the first day, the likelihood of profit is high.