Currently in a downtrend on the Daily charts. I would not be in until it spent some time (week) above and held above $1.70 On smaller timeframes (1Hr or 4Hr) these could be considered in uptrends but those trends would be almost day trading and only have a holding period of days to a week or two, and would require more constant attention. At least checked when...
FreightCar America, Inc. manufactures railcars and railcar components. It designs and manufactures railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars. The company was founded in 1901 and is...
Recent insider buying, hoping for a swing to $2 this month
FreightCar America, Inc. manufactures railcars and railcar components. It designs and manufactures a broad variety of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars. The company was...
Yes, last November a large GAP happened, then a bull run of $5.00 happened. This is exactly what going on right now, GAP down, in my opinion wait for a double bottom (down to $14.00), then take bull ride up to at least $19.00 by EOY. On 11/8/17, insider President & CEO bought 10,000 shares at $14.34. Might be a watch & wait stock for next week, for either buying...
Strong fundamentals Rail has been moving the day after earnings for the past year, consolidating horizontally thereafter Buy in the purple range, look for 2-3 bounces to the purple range (based on number of bounces to the red range) between now and late October Look for current consolidation pattern to never leave the green-purple range during the bounces...