trucking

GuerillaStockTrading GuerillaStockTrading PRO KNX, 120, Long , 2 years ago
KNX: Knight Transportation Forms Giant Ascending Triangle
20 0 0
KNX, 120 Long
Knight Transportation Forms Giant Ascending Triangle

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 ...

GuerillaStockTrading GuerillaStockTrading PRO CGI, D, Long , 2 years ago
CGI: Celadon Group Continuation Pattern Play
17 0 0
CGI, D Long
Celadon Group Continuation Pattern Play

Celadon Group did a Resurrection Cross of the 50 day moving average crossing above the 200 day moving average back in early January 2015. The stock has since formed a continuation pattern of a serious of higher highs, and higher lows, off the 50 day moving average. The bet is that this pattern will continue. The company has had excellent EPS forecast hikes over ...

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