* Great earnings quarter over quarter
* Breaking out of IPO base (also shaped like cup and handle on the monthly chart)
* Very high 3-month relative strength of 8.43 in the Industrial sector
* Breaking out of an 18 month base with higher than average volume that recently created a cup and handle
* The red horizontal line indicates previous all time highs which was...
Inc., a surface transportation and logistics solutions company, provides truckload, intermodal, and logistics services in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as customized solutions for time-sensitive loads. The company’s...
Description: SNDR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $25 - $25.7
2. Take profit: $28.06
3. Stop Loss: $24.57
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 78%
NYSE:SNDR
SCHNEIDER NATIONAL INC #SNDR
- The stock exited the bearish trend in January 2021, touching almost the USD 24.00
- #SNDR retraced to what was the resistance for the whole month of December 2020
- In addition, #SNDR is now sitting above the 50 MA signalling a potential change of trend
- The RSI and MACD are both pointing to the upside
BUY @ USD...
They have announced new partnership to improve what they have already invested into which seems a good step forward, but my only concern is that when i analyse the stock fundamentally it is not worth more than 26 but can see it going to $32 on a short term basis.
