XPO Flag PatternHas a nice flag pattern forming while showing some signs of accumulation. Remained strong on Wednesday during market selloff with an engulfing candle on decent volume. If we get an update on Prime Day numbers, could see strength across transports sector. High of the year around $100 would be target and $106 range if it can break through that.
0M1O trade ideas
$XPO can rise in the next daysContextual immersion trading strategy idea.
XPO Logistics, Inc. provides supply chain solutions.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $95,15;
stop-loss — $89,51.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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XPO LOGISTICS Chart DailyHey investors, XPO LOGISTICS is in the birth of a bullish movement average purchase volume made. We see on the TIMEFRAME 4H a doji in purchase then we ask again to rise and on the TIMEFRAME 15 30 of high volume of sales strong potential to seek the next last precedent higher.
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Long XPO Logistics Into earnings $xpo
Possible long entry $95.00
target price $111
Stop loss $91.26
Well established and respected channel trade opportunity.
Price resistance within this current range quite low.
as earnings approach, there may very well be some very interesting commentary during the earnings call as much speculation has hinted that a break up may happen or going private etc etc etc .
XPO - Long term analysis This stock brought to my attention as a fundamental trade.
low price to earnings growth.
on the technical side stock had a very bad Q4 in 2018 resulting in a big drop
stock bottomed in 2019 and created rising highs and lows for the past year.
now is a good time to get in position and try retest highs in 2020
support and resistance are indicated on the chart
Technically Bullish, Fundamentally Bearish, But Long we go.It has been a very mixed earnings season for they transports thus we are not overly optimistic coming into earnings, but from a technical perspective it looks like the stock wants to go higher.
AVERAGE ANALYSTS PRICE TARGET $78
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO 24
SHORT INTEREST 11%
COMPANY PROFILE
XPO Logistics, Inc. engages in the provision of supply chain solutions. It operates through the Transportation and Logistics segments. The Transportation segment includes freight brokerage, last mile, less-than-truckload, full truck load, and global forwarding services. The Logistics segment refers to supply chain or contract logistics, which offers customized solutions, temperature-controlled warehousing, omnichannel logistics e-fulfillment, and transportation management. The company was founded by Michael Welch and Keith Avery in May 1989 and is headquartered in Greenwich, CT.