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Danaos Corporation (DAC)

Updated: 13 Sep 2021

Entry level: Another name from last week that continues to act as expected and should remain on a close watch.

It held $85.60 zone, and continues to “hug” 10-day MA nicely, showing a clear sign of strength.

Price target: Break below 10-day MA for shorter, or 21-day EMA for medium-term holders

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