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Transportation

CSXIt looks like we are currently at a high that has broken the previous high since August 23rd. I want to wait until price gets closer to my 20 (red) and 50 (orange) ema's It seems as if we started trading above the 200 ema after we had bearish candles that broke under temporarily where it reached and rejected a strong support level of around $29. Between Dec 2020 and May 2021, there is some heavy traffic on the railway. I would like the current price to retrace its previous low from Sept 27th up to at least 38% - 61% with some bullish candles and price action on the 15 min timeframe to see if we are ready for a ride up if CSX does actually drop. Best case scenario, I want price to bounce off of the 38% daily Fibonacci level to continue towards the upside (creating a lower high). None of my words are law. Just an idea! Oh....I'm tired of getting stopped by trains and I always see a CSX train everytime smh.
NASDAQ:CSXLong
by Redimere_91
United Airlines $UALLet's be honest, United Airlines is well known name throughout the Airline Industry. For decades, they have been well established domestically and foreign. Looking at their balance sheet, a few thing that stood out to me was how astonishing of a COVID hit they've taken. A negative eps of 25.30 is something I would normally run away from without looking back! Surprisingly, their assets have been increasing annually steadily since 2014. Also seems as if pre covid, they had a stable growing total equity which is impressive. Although their operating activities has been hit by the storm, they've seemed to hedge that by managing their investing activities and financing to some degree. Having a recent quarter where they reported a 1.81B FCF increase was a nice piece of new data to pick up on. If i'm being honest, this company looks damaged to me and possibly over valued for where it's in nature of everything that is going on in the world right now. However, there has been some recent news about the White House lifting the international travel ban for airline Nov. 8th. United has the most international traffic ranking 7th amongst airlines globally and 1st within the states. With recent news as of 10/14/21 with them expanded their flight capacity to 10 new flights and 5 new destinations internationally, this is some of the biggest news they've had in a long time! I'm looking forward to seeing how this plays out!
NASDAQ:UALLong
by Redimere_91
RCL | About to make Grand Supercycle Wave 2: TP 107.50 SL 40.00RCL | Thailand SET Index | Transportation Sector | Possible Wave 2 of Grand Supercycle - TP 107.50 Stop Loss Conservatively 40.00 (EMA200) First Buy: 44.00 Second Buy: golden cross EMA10 Third Buy: cross up EMA20 or breakout downtrend channel of trade Key indicators: > Truly aggressive Banker Share Volume turned green and Smart. > BBD signal about to cross up 0. > Smart Money and Bottom > All-time high BDI index
SET:RCLLong
by dukeposh
Follow-up on UAL reversal: triple bottom confirmed todayBearish price action of UAL has been on my radar for a hot minute. Long-term support held in mid-July, followed by a break from the channel. RSI divergence suggested a possible reversal, leading to a second bounce at the long-term support. We now have the third bottom at this ascending support, a bullish signature. We can now see the enclosing triangle and extract a price target of $51-$52. It is crucial that the $44 support remains uncompromised in the coming days to validate the pattern.
NASDAQ:UALLong
by oerboom
Goods don't need transport - right?This could be good news - or bad news. Watch the divergence between the the S&P and two transportation indices. Some will see something and some will see nothing. Pain usually awakens the senses. Get ready for pain. Did I say when pain in coming? How would I know? I hung out my clothes from the washing machine to dry in bright sunlight this morning. Then suddenly a downpour came. Drat! I screamed. The weather report did not inform me sudden heavy rain would fall! I couldn't see it coming. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
TVC:SPX
by Captain_Walker
1
if you miss out on this you'll want to $YELL *This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has been following truck transportation company $YELL for the past couple months. After correcting from its 52-week high of $10.20 $YELL now rests at $6.55. $YELL expertise's in LTL shipments and flexible supply chain solutions in the United States. At currents levels $YELL is extremely undervalued. My team is in agreement that $YELL is a steal due to demand for LTL transportation. My team entered $YELL this morning at $6.33 per share and have set our first take profit at $9.50. ENTRY: $6.33 FIRST TAKE PROFIT: $9.50 2ND TAKE PROFIT: 14.50 STOP LOSS: $5.90 If you want to see more, please like and follow us @SimplyShowMeTheMoney
YLong
by SimplyShowMeTheMoney
The 6 Principles Of The Dow Jones Theory !!!Hello everyone , as we all know the market action discounts everything :) I've prepared a video explaining the 6 principles of the Dow Jones theory , everything you need to know about the Dow Jones theory is in this video or if you prefer to read i got you :) The Dow Theory is a trading concept conceived by Charles H. Dow, an American journalist and founder of the ‘Dow Jones & Company’ financial firm. The ‘Jones’ part refers to the statistician and co-founder of the company who also took part in the development of Charles Dow’s concepts. Initially, it consisted of 255 editorials. Dow himself didn’t actually create and name the theory. After Dow’s death, Rea, Schaefer, and Hamilton gathered the editorials, formed the theory and named it after Dow. Even though it’s more than 100 years old, this is the theory that technical analysts use and swear by today. The 6 Principles Of The Dow Jones Theory : 1_ The market action discounts everything 2_The market has 3 types of Trends : The Primary Trend: It can be as long as years and is the ‘main movement’ of the market. The Secondary Trend: lasting between 3 weeks to several months, retraces the last primary move some 33-66% and is difficult to decipher. The Minor Trend: is least reliable, lasting from several days to few hours, constitutes of noise in market and may be subject to manipulation. 3_The market trend has 3 phases : The beginning of a primary upward (or downward) trend in a bull (or bear) market is known as the accumulation phase. Here, Smart traders enter the market to buy (or sell) stocks against common market opinions. The participation phase, more investors enter the market as business conditions improve and positive sentiments become evident. This results in higher (or lower) prices in the market. The distribution phase is marked by excessive buying by inexperienced investors. This could result in great speculation. At this stage, it is ideal for investors to book profits and exit. 4_The averages must confirm each other : Dow, is referring to the DJIA and the Transport Index , meant that no important bull or bear market signal could take place unless both averages gave the same signal, thus confirming each other. He felt that both averages must exceed a previous secondary peak to confirm the inception or continuation of a bull market. He did not believe that the signals had to occur simultaneously, but recognized that a shorter length of time between the two signals provided stronger confirmation. When the two averages diverged from one another, Dow assumed that the prior trend was still maintained 5_Volume most confirm the trend : According to Dow theory, the main signals for buying and selling are based on the price movements of the indexes. Volume is also used as a secondary indicator to help confirm what the price movement is suggesting From this tenet it follows that volume should increase when the price moves in the direction of the trend and decrease when the price moves in the opposite direction of the trend. The reason for this is that the uptrend shows strength when volume increases because traders are more willing to buy an asset in the belief that the upward momentum will continue. Low volume during the corrective periods signals that most traders are not willing to close their positions because they believe the momentum of the primary trend will continue. 6_A trend will continue until on apposite force is applied : An uptrend is defined by a series of higher-highs and higher-lows. In order for an uptrend to reverse, prices must have at least one lower high and one lower low (the reverse is true of a downtrend). However, the longer a trend continues, the odds of the trend remaining intact become progressively smaller. Make sure to Follow and Like for more content If you have any questions please ask Thank you for reading & watching .
AMEX:DIAEducation
by GabiDahduh
3
Decisive moment for UALUAL has been tracing out a choppy symmetric triangle since March 2021, and has also obeyed the key ascending support since the Covid meltdown of Mar-May 2020. UAL is now testing that key support again, and 3 distinct scenarios could play out. (1) Immediate upside bounce, (2) Re-test the $50 support and recover, i.e. false break-down, or (3) fail the re-test and fall into the sub-$50 range. All scenarios end with the same target range of $57-$60, but just have different time horizons. Anyway consider placing your stops somewhere respectful of the "trap" losses at risk in scenario (2).
NASDAQ:UALLong
by oerboom
5
Sector early indicator? Not usually: Health, Utilities & TransptThe Healthcare sector, Utilities sector, and Transportation sector - here represented by the S&P Health Care Index (S5HLTH, in blue), Dow Jones Utility Average ( DJU, in purple), and the Dow Jones Transportation Average (DTX, in orange) - do not usually act as early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... except perhaps for DJU falling from a peak in Jan 2015 (DTX a little earlier in Dec 2014), and DJU again in Dec 2017. (Around the turn of the century, DTX also peaked fairly early - in 1998.)
DJ:DJI
by dartde
Boeing Is on the Verge of a Key SignalAfter two months of downside, Boeing may be ready to take off. Notice the downward-sloping trendline in the aerospace giant. BA ended last week above it and is continuing higher today. Second, the 8-day exponential moving average (EMA) is on the verge of crossing above the 21-day EMA. This is common signal for intermediate-term momentum turning more bullish. MACD is giving a similar indication. Finally, last week had a bullish inside candle. That can suggest the longer period of weakness is ending and prices are changing direction. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
NYSE:BALong
by TradeStation
3
BTS Group Holdings PCLBTS has been trending down for awhile now - It broke through a strong support at 8.80 and has opened itself up for further downside risk. I would like to see it hold above 8.80 and eventually close higher than the yellow line above 9.60. If it holds above the yellow line and breaks through resistance at 10.20 Baht it should give us confirmation that the stock is going to pusher higher. However, I believe it will continue to trend down in the short term to test 8 Baht. Bangkok residents have also been asked to work from home as much as possible, and many schools still haven't opened up and are currently learning online. These are not tailwinds that support price increases. Unfortunately, I see BTS under pressure for the remainder of the year until some normality returns - For long term investors this may be an opportunity to load up at lower prices - BTS also pays a fairly good dividend.
SET:BTS
by TalkingCents
2
Stocks/Industrials - CNR Railroad WarsIdea for Canadian National Railway: - An interesting thing has occurred. CNR approached Kansas City Southern (KSU) with an unsolicited offer that would merge the companies to become the first and only single railroad to cross Canada, the US, and Mexico. A combination of either CNR or CP with KSU would do this. Naturally, CP will want to stop this existential threat at all costs. - Such a deal must pass massive regulatory scrutiny and receive approval from the Surface Transportation Board. - CP filed a formal objection to the rival bid with the STB, which has the final say on rail acquisitions in the US, in order to buy time. The 10% price drop in CNR during the 30% rise of KSU reflects the euphoric investors now pricing in the probability of a deal and a no-deal. - The bottom line is that deal, or no-deal, CNR is at quite the discount, for investors bullish on defensive stocks in the industrials/transportations sectors. Our speculation is that the deal will occur, and it will occur for CNR. Why? - We believe that a macro turn is here. We are bullish on the industrials/transportation sectors. - This aligns with our belief in the theme that that a time is here such that companies in all sectors to undergo mergers & acquisitions, in a race to become "Too Big To Fail" and obtain the blessing of government subsidization before the inevitable mass bail-ins. - As the global economy moves toward Stagflation, and perhaps Deflation, investors will decrease their risk appetite appropriate for a Goldilocks economy, and will rotate from Momentum and Consumer Discretionary stocks to Quality, Consumer Staples, Utilities, Dividend Yields, and Defensives stocks. - We foresee a ravenous appetite in the supply chain sector, due to (a) COVID shipping backlog, which will only increase should COVID mutate and cause further lockdowns, (b) nations moving toward domestic production, which will increase intranational logistics and infrastructure demands, and (c) a shift from a software-oriented tech boom to a boom in the industrials and capital goods sector, from what we perceive is being attempted with the US stimulus packages. - CNR is the bigger company, and has more resources at its disposal. At such a junction, the time has come for them to bet everything on becoming the undisputed railway leader in the Americas before the industrials boom cycle. - CP's objection is simply a tactic to buy time, but CNR will inevitably come back with an even greater offer. At the end of this game, CP cannot win, but only come out in a stalemate, which will not benefit KSU. What they could do is continue to be a thorn in CNR's side until they receive a favorable portion of the pie, such as % ownership of the new entity. - KSU will at least want to maintain the façade of considering any deals, to keep the momentum in their stock price. - CP may offer a great entry later on, should they fail in their efforts and investors abandon them. - Technically, the prices must converge. CNR is at the bottom of a horizontal channel, but it would be apt to observe the reaction to the correction before entry, to see if it is indeed an over-reaction. - We doubt that institutional investors will let this opportunity pass and allow a 100 year old defensive company and Canada's largest railway to fall further. 120~ is the lowest we think it could fall. - Interestingly, Bill Gates has recently become the largest single shareholder of CN stock, owning a 10.04% interest. We have further speculations about Bill Gates' ESG objectives, which for now - shows large investors' confidence in the company. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
TSX:CNRLong
by UnknownUnicorn1043646
2