Ardmore Shipping Corp

ASC is in a Stage 2 advancing phase with bullish medium-term bias reinforced by an active Lockout Rally, justifying immediate participation on shallow pullbacks near rising EMAs despite overbought conditions, while remaining alert for signs of exhaustion around recent highs.

• ↑Q2 revenue rose 61% YoY to $116.2M; adjusted EPS $1.18.
• ↑MR tanker TCE rates hit $51,900/day, well above $10,800 break-even.
• ↓Middle East geopolitical instability could disrupt trade flows and margins.