wounsel

Knight-Swift - $KNX - Swing-Trade | Dip-buy

Long
wounsel Updated   
NYSE:KNX   Knight-Swift Transportation Holdings Inc.
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.
Comment:
Right now, I'm unsure as to whether I can get in on a bounce or not, so I'm monitoring but not acting.
Comment:
Still monitoring. There must be more to this than originally observed. I believe this week could hold some positive movement, but I'm just going to keep monitoring right now.
Comment:
Monitoring closely, I"ll be looking for catalysts I can find over Google News, etc...

Looks pretty close to an entry point for me, if the general sentiment is that the company is doing well.
Comment:
Looks as if trade-fear from the proposed tariff garbage has lowered $KNX (trucking industry).. I'm in a holding pattern as I don't want to hold all the way to the bottom of this bounce.
Trade closed: target reached:
We've reached my PT of $41.75, so I've sold my calls and closed my position with $KNX . I'm happy with the result + gains and will continue looking for more dips to buy on other stocks!
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