International Seaways (INSW) is currently trading at $89.90, reflecting a $1.25 or 1.41% increase. The stock has risen 24% recently. IBD analysis indicates that the third-stage double-bottom base has a buy point at 90.75. The RS rating is 92, and the RS line is trending toward a new high:
The IBD Composite Rating is 93/99, and the industry group ranking is 16/197. The emerging pattern, a double bottom, is one of three positive chart patterns to look for in technical analysis.
