Railroad operator CSX has squeezed into a tight range for almost five months. Now it may be ready for a breakout. The first pattern jumping off the chart is the ascending triangle with resistance around $95. Prices just started to escape the top yesterday. Also notice how the lows on January 27, March 4 and March 19 were followed by “kicker” candlestick...
Good Game... the DJ Transportation Index has broken down the up trend line. Sell signal on the ATIS system should be out soon. And MACD is crossing down into the bear territory. The BMT had already given way in early October. According to the Dow Theory, the DJ Transports is a leading indicator and well, expect the rest of the market indices to follow.
Got the new highs, but a false breakout? If so, should revisit $10K or lower soon $TRAN $IYT $FDX $AAL $UAL $DAL $LUV $EXPE $SPY $SPX $ES_F $VIX $DIA $DJI $YM_F #Stocks #Transports 🛫
$TLSS H4 lets shut all the butt hurt haters up and break back above 100 ema .03c
Technical 20sma is being supportive, but it is recommended to keep your stops somewhat below the average. A close below $190 would be a bearish warning. The broad market has been taking a downturn over the past week. The Transportation industry has been consolidating, showing relative strength over the rest of the market. Fundamental While the white house...
Death cross negated and re-crossed golden. No new highs, but that may be tested before pullback $TRAN $IYT $AAL $UAL $DAL $LUV $EXPE $FDX $SPY $DIA $DJI $YM_F #Stocks #Transports 🛫
The ratio is still beneath a downtrend line beginning in Jan 2015.
FA: Dividend Yielding stock, therefore, one that a lot of investors consider in their portfolio. Flight travel is lower, reopening of several rail line due to the increase in demand of rail travel. TA: Not currently a good buy area, would be wise to set buy orders near support line or treat it as a longer play and buy in now and ride the retracement till it...
At 9:33 AM ET on Monday June 8, a 1 million Dark Pool block hit the tape. It was a big seller. Stock Blocks 📈 $NCLH 📊 1,082,352 😱 💵 25.01 💔 -0.51 | -2.04% Friday June 5 had previous block as well, this is big distribution. Stock Blocks 📈 $NCLH 📊 512,000 💵 22.10 💔 -0.21 | -0.95%
I'm just avarage man with the average life but World bankers have against the world, behind the bosom a big recession knife... Trucks (in chart) are symbol of transport in the past. Peinguin is symbol of groups of interest in top of the world. He is observer and manipulation owner. When our dreams are reached the moon because situation will be good , then big...
These are sort of my levels. Aren't you worried about crude level? I mean... Do you think this will ever recover its shape again? It's just common sense and because this world is moved by money and transportation issues mainly. How do you imagine this future? Thanks again!
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What no one has seen yet... tremendous! It scares me, and you?
I've never traded airline stocks. I like AAL here though-seeing a potential broadening formation. I might consider a small position and set a target for that unfilled gap. Longer term, airline stocks appear cheap right now although I'm not ready to turn bullish on them yet. I'm just not that familiar with them.. but this looks like it has good potential.
TRansports look bearish as people cancel trips due to the virus. I don;t think we've seen the bottom yet... Remember the Dow theory.....