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small-cap

One NYSE-Listed Transportation Stock at Resistance Level: GSL

May 16, 2024 | Team Kalkine
One NYSE-Listed Transportation Stock at Resistance Level: GSL

GSL
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Global Ship Lease, Inc.

Company Overview: Global Ship Lease, Inc. (NYSE: GSL) is a holding company, which owns and charters out containerships under long-term and fixed rate charters to container shipping companies.

As per our previous US Dailies report published on ‘GSL’ on 23rd April 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 21.91 based on technical analysis and the stock price has now moved by ~17.48% since then and is trading above resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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