Hello everyone ,🙋🏾
Here again Rom with a new trading idea,
I try to bring you trade ideas with countries with a positive trend.
I would appreciate a review and a like.
Thanks
Marten Transport
NASDAQ:MRTN
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico.
Company data...
* Exceptional earnings
* Very strong up trend on the monthly time frame
* Sector: Industrials - Trucking
* Relative Strength vs. Sector: 2.32
* Relative Strength vs. SP500: 1.44
* U/D Ratio: 1.08
* Base Depth: 30.17%
* Distance from breakout buy point: 0.43%
* Volume 38.37% above its 15 day average
* Breaking out of a ~20 month base with volume
Trade Idea:
* It...
MRTN share prices broke out in today's session with high volume and momentum. Share prices are currently trading at 21.50, heading towards its first target at 21.70. The next goal is estimated at around 22.00 and 22.35. Share prices need to remain above 20.75 to continue its run to the upside.
