This entire stock is being propped up, and as tariffs are enacted the sale of heavy trucks will decline as the trucking industry's workload declines. The sale in heavy trucks is cyclical with stocks and these stocks tend to drop the most just as heavy truck sales start to slide. Vice versa, by the time the correction in sales bottoms out stocks have already...
Bullish on Saia
NEMF just announced they will be bankrupt soon, as SAIA is actively looking to build market share in their territory.
Saia's technical indicators are very bullish
9/10 day MA - Bullish
MACD - Bullish
I keep my speculation acct and investing acct separate. With Saia I will build a small position at $67.88
BUY JSLG3 on textbook Inverse Head and Shoulders Bottom: broke out from neckline, made brief pullback, and now strongly up again. Minimum target around 13 (projected amplitude of head and shoulders figure from neckline), but fundamentally the stock may go much higher if macroeconomic conditions in Brazil improve more than expected.
Logisitic growth describes the acceptance of innovations including new technology. Bitcoin adoption is subject to it (medium.com).
Logistic growth has three consecutive phases:
1) Somewhat chaotic start
2) Exponential growth (early adoption)