All time high is 51.94 so perhaps R there Guess what? They transport refrigerated stuff (o: Fell from a bearish rising wedge at 44.95ish with a substantial pull back after the fall to 37ish NV is highJust an observation Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States...
What I see... + Bullish Engulfing + 10ma piercing through the mid-body of the bar + RSI turns bullish + MACD is in bullish territory + Healthy volume - Bollinger is kind of side - MACD is below the signal line - Slight upper shadows in the past few days What I setup... + Long entry above last Thursday's high - Stop is that -1d low + Target is just under $50 -...
Knight-Swift, $KNX, the largest trucking company in the US, rallied yesterday after the earnings release of competitor J. B. Hunt $JBHT. J. B. Hunt's earnings yesterday were mostly inline, but these better-than-feared numbers eased the idea of a major transport downturn. Here's the daily chart for J. B. Hunt $JBHT. So today, the day after that nice rally,...
$KNX working out of flag and above key MA, size calls in OI
- how come ? banks are ok, housing is ok, semis are ok... and still wheels do not turn...
Clear weekly H&S pattern - going down in this timeframe... Will it bounce at old support... my thoughts.
Knight-Swift ($KNX) posted an ER beat and Revenue miss on 4-25-18. I'll be entering into some 6/15 calls with a price target of $41.75 where I'll let those go. Hoping for a fun swing trade on this dip. It's currently trading below the 255-day linear regression 2x standard deviation line.
Buy: 40.50 Target: 42.00 - 43.00 (3.70% - 6.17%)
As we can clearly see, Price is forming higher lows, and lower highs. In the past ( look in the H4 chart) you can see the same patterns. Sometimes price dropped a little under the support, and then rocketed away. So my prediction is, around mid/end next week (9.-11. Aug) this stock should take off. Check back! Good trades, better profits!
As we see, here is a nice shoulder-head-shoulder formation coming to bring us profits. if the neckline breaks, we do have an entry, if not, dont worry, next chance is just round the corner
give this thing a few more days, and see if its a false or a real breakout! If its real, go and long this bad boy, if its false, take a quick short swing ;-) To me, it looks like massive breakout after this very long consolidation. Give me replys!
KNX falling down from its oscillating resistance, also looks like break of a small upward wedge. We can see divergence with money-flow, and money-flow going down sharply. We think it will decline from here. On the fundamental side Transportation sector is on the weak side & recent big Insider selling makes it perfect for short. Break of 28 will be a good short...
RSI bounce favors upside, MACD still points lower
Knight Transportation has formed a giant Ascending Triangle (purple) pattern. The catalyst that can drive this stock higher is that an improving U.S. consumer (as evidenced by earnings beats last week from Amazon, Dunkin Donuts, Domino's Pizza, etc) and improving U.S. economy in the 2nd half of 2015 will push up demand for trucking transportation services. The...