Broke the floor a week or so ago. This is a classical sign for a Wave C confirmation (most commonly) or a new zigzag. We might have a new zigzag here. Looking at the character of the wave action post most recent drop, spells bearish to us - an interim Wave B perhaps? We are not in the business of getting every prediction right, no one ever does and that is not...
BREAKOUT STOCK ALERT $USX - U.S. Xpress Enterprises, Inc. Class A Common Stock Initial Alert Price: $7.33 Potential Price: $8.35 Potential Gains: 13.92 Stop Loss Limit: $ Looking USX to retest teh $8.35 Price Levels over the course of teh next few trading sessions going into next week. The stock has found support on the $6.88 Price Levels, consolidated from...
USX looks bullish. LONG Another Cup with handle. Positive reversal in the Daily RSI with target around 13. Potential longer term target around 17. Close below this weeks low could be used as stop. Could consider adding to position on rise out of current down channel or wait to open at that point. Process you way. From Zacks: U.S. Xpress Enterprises, Inc....
U.S. Xpress Enterprises, Inc. engages in the provision of truckload carrier services. It operates though the Truckload and Brokerage segments. The Truckload segment offers asset-based truckload services, including the over-the-road and dedicated contract services. The Brokerage segment is involves in non-asset based freight brokerage services. The company was...
Trucking industry has overcapacity and hurting on margins. Expect this to retest support after earnings, $5 feb 21 puts are ridiculously cheap, so I went with that Virtually every tucking company has missed on earnings....
U.S. Xpress Enterprises, Inc. provides truckload carrier services. It offers solo truckload, long haul & expedited load, demand critical, and intermodal transportation services; and logistics, brokerage, and specialized LTL services. The company operates though two segments: Truckload and Brokerage. The Truckload segment offers asset-based truckload services,...
Hi Freinds. This is my first post here but I thought Id share. Lets get right into it. Looking at the daily chart, you can see USX has went through a very bearish trend, as shown by the parabolic SAR and 21 EMA. Now, we just had a large 7% bounce which pushed the price above the 21 EMA. If price can begin to stay above the 21 EMA, and start to move upwards while...