Does this stock meet my 8 point scan criteria? Yes
Structural Checklist
1. Can one my proven price patterns be identified? Yes, a Low Cheat
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes
5. Does price action suggest the stock is consolidating / digesting the recent price...
$SHYF looking like a potential 1st natural reaction post a big 9 month rectangle base.
Finding support right at the 21 EMA and building nice pivot to anchor risk around.
Nice volume out, low volume in.
Looks strong here
SHYF: The Shyft Group, Inc.
2021-10-26 07:30:00
The Shyft Group's Utilimaster Secures $53 Million Add-On Truck Body Contract From United States Postal Service
This is a Bullish indicator signaling SHYF's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 46 similar cases where SHYF's MACD histogram became positive, and 37 of them led to successful outcomes. Odds of Success: 80%. Current price $21.89 is above $20.26 the highest resistance line...
Show Me the Money! 13 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital
Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service and FedEx. The world’s largest online retailer ordered more than 2,200 heavy-duty Utilimaster “walk-in” delivery trucks from Shyft Group, a...
