Hunt transport services posting weaker than expected Earnings$JBHT Posted weaker than expected earnings, while price dipped at first, the PEAD cone projection is seeing the stock to be slightly bullish in the coming period.
JBHT trade ideas
Undervalued JBHTEvery day I pick a few stocks - the most undervalued stocks in AMEX, NYSE & NASDAQ with lowest RSI and other technical analysis (200-day moving average action and volume change), to trade for the next day. Charts for JBHT is looking great for a 1-day long play (for tomorrow)
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Undervalued JBHTEvery day I pick a few stocks - the most undervalued stocks in AMEX, NYSE & NASDAQ with lowest RSI and other technical analysis (200-day moving average action and volume change), to trade for the next day. Charts for JBHT is looking great for a 1-day long play (for tomorrow)
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$JBHT Betting long on JB Hunt pre earnings.Entry level $112 = $target price $126 = Stop loss $108
Buyers have dominated in recent sessions.
Indicators are bullish and pointing to further gains.
7&12 ma cross imminent, All other MA's support a trying to align.
Economy remains strong as does demand, while fuel costs remain low.
JB Hunt looking like a bullish reversal pre earnings. This is purely a technical analysis of the companies chart and without taking fundamentals into consideration, it looks very much like a strong reversal is setting up.
On the chart the indicators have been highlighted that show bullish signs.
The stock has hit historical support.
Very bullish reversal candle formation.
Large buy side volume this week.
$101 as a very conservative target, possibly add if it breaks.
Earnings catalyst.
AVERAGE ANALYSTS PRICE TARGET $103
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 20
SHORT INTEREST 5.5%
COMPANY PROFILE
J.B. Hunt Transport Services, Inc. engages in the provision of logistics solutions. It operates through the following segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight operations for rail carriers. The DCS segment includes private fleet conversion and final-mile delivery services. The ICS segment provides a single-source logistics management for clients who intends to outsource their transportation activities. It offers flatbed, refrigerated, expedited, less-than-truckload, dry-van, and intermodal freight services. The JBT segment is responsible for full-load, dry-van freight that is transported via roads and highways. The company was founded by Johnnie Bryan Hunt, Sr. and Johnelle D. Hunt on August 10, 1961 and is headquartered in Lowell, AR.
JBHT Sort OportunityAN INTRADAY (4 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED SORT ANALYSIS.
1) Stochastic Oscillator Overbought ready for short movement.
2) Trending Channel breakout.
3) Take Profit between 38.2% and 50% Fibonacci retracement.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trucker company is going to reporting this weekSo another trucker company is going to reporting this week. This company continued to $60 but, flipped around $63.64 and never looked back, I really like this company despite the problem in the oilers. I think this company isn’t going lower I like it here and It’s looked like a buy.
