Description: SNDR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
1. Ideal buy range: $25 - $25.7
2. Take profit: $28.06
3. Stop Loss: $24.57
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 78%
SCHNEIDER NATIONAL INC #SNDR
- The stock exited the bearish trend in January 2021, touching almost the USD 24.00
- #SNDR retraced to what was the resistance for the whole month of December 2020
- In addition, #SNDR is now sitting above the 50 MA signalling a potential change of trend
- The RSI and MACD are both pointing to the upside
BUY @ USD...