$Torm PLC(TRMD)$ Tests 52-Week

$Torm PLC(TRMD)$ Tests 52-Week High, +3.68% Surge on Merger Buzz 🚢 The stock is riding a wave of consolidation speculation. Major competitor Hafnia Limited recently acquired a 13.97% stake in Torm, signaling serious intent for a potential "super merger" in the product tanker sector. This strategic move is the primary catalyst behind recent price strength and investor optimism. Analyst Targets:
Coverage is mixed. The average price target from 3 analysts is $22.56, with a high of $28.00. Sentiment is split (2 Buy, 1 Sell).

Weekly Outlook:
Expect volatility and testing around the $25.95 resistance. A confirmed breakout could target the $28.00 analyst high. Failure to break higher may lead to a pullback towards $24.00 support. The merger narrative will dominate price action.

@jethro：$Torm PLC(TRMD)$ Torm go go go to the moon 🌙!!!

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