$KNX working out of flag and above key MA, size calls in OI$KNX working out of flag and above key MA, size calls in OI
KNX trade ideas
KNX - wheels are not turning- how come ? banks are ok, housing is ok, semis are ok... and still wheels do not turn...
KNX showing weekly head and shoulder patternClear weekly H&S pattern - going down in this timeframe...
Will it bounce at old support... my thoughts.
Knight-Swift - $KNX - Swing-Trade | Dip-buyKnight-Swift ($KNX) posted an ER beat and Revenue miss on 4-25-18. I'll be entering into some 6/15 calls with a price target of $41.75 where I'll let those go. Hoping for a fun swing trade on this dip. It's currently trading below the 255-day linear regression 2x standard deviation line.
KNX breakout ahead? Keep watching!As we can clearly see, Price is forming higher lows, and lower highs.
In the past ( look in the H4 chart) you can see the same patterns. Sometimes price dropped a little under the support, and then rocketed away.
So my prediction is, around mid/end next week (9.-11. Aug) this stock should take off.
Check back!
Good trades, better profits!
Shoulder head shoulderAs we see, here is a nice shoulder-head-shoulder formation coming to bring us profits.
if the neckline breaks, we do have an entry, if not, dont worry, next chance is just round the corner
Breakout ahead?! give this thing a few more days, and see if its a false or a real breakout!
If its real, go and long this bad boy, if its false, take a quick short swing ;-)
To me, it looks like massive breakout after this very long consolidation.
Give me replys!
KNX- short from 28 to 25KNX falling down from its oscillating resistance, also looks like break of a small upward wedge. We can see divergence with money-flow, and money-flow going down sharply. We think it will decline from here.
On the fundamental side Transportation sector is on the weak side & recent big Insider selling makes it perfect for short.
Break of 28 will be a good short entry & our first target is 25
You can check our detailed analysis on PAG in the trading room/ Executive summery link here-
www.screencast.com
Time Span: 35"
Trade Status:
Knight Transportation Forms Giant Ascending TriangleKnight Transportation has formed a giant Ascending Triangle (purple) pattern.
The catalyst that can drive this stock higher is that an improving U.S. consumer (as evidenced by earnings beats last week from Amazon, Dunkin Donuts, Domino's Pizza, etc) and improving U.S. economy in the 2nd half of 2015 will push up demand for trucking transportation services.
The forward P/E of 18.5 suggests the company is fairly priced in relation to its earnings. Knight Transportation stock trades with a hot PEG ratio of 1.26 which suggests growth can be purchased at a premium right now.
What I REALLY like about this stock though is that the EPS forecast was just raised.
Source: www.guerillastocktrading.com
Bearish candlesticks at triple top & OBV, DMI+ divergenceAn appropriate short targeting the 0.382 fib which is also close to the 50 day Simple Moving Average (SMA).
Candlestick pattern is also bearish which has occurred at a triple top.
Furthermore the OBV has continued to fall despite the push upwards indicating a lack of sincere accumulation.
A stop above the triple top is appropriate.
Like a Bad episode of Ice Truckersmany names driving off the road lower so far this year, 200sma in sight , include $SWFT $CNW $WERN
