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SmoothJB
Apr 24, 2021 7:16 PM

RAIL Long

Freightcar America, Inc.NASDAQ

Description

FreightCar America, Inc.(NASDAQ:RAIL) surged 29.26% Friday on one of the heaviest volume sessions this month, with 16 million shares traded. The stock broke out of a key horizontal resistance line and closed slightly below the high of the day, which now represents the next resistance for the follow through move on Monday. If a breakout above this level occurs, we could see a continuation of current momentum toward the 7.5-7.76 range.
Comments
Ajodhi14
appreciate your work.
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