SNDR: Buy PotentialAreas plotted to look out for, combined with daily and weekly moving averages to be used as S/R confluences.
SNDR trade ideas
$SNDR to head higher after breaking from cup and handle?* Great earnings quarter over quarter
* Breaking out of IPO base (also shaped like cup and handle on the monthly chart)
* Very high 3-month relative strength of 8.43 in the Industrial sector
* Breaking out of an 18 month base with higher than average volume that recently created a cup and handle
* The red horizontal line indicates previous all time highs which was retested as support just recently
Trade Idea:
* Now's a great time to enter as the price is very close to the broken level.
* Due to current market conditions I wouldn't be surprised if we break back below $26.91 to around $26.52 before heading higher.
Schneider National Inc., a surface transportation and logistics solutions company, provides truckload, intermodal, and logistics services in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as customized solutions for time-sensitive loads. The company’s Intermodal segment offers door-to-door container on flat car services, including rail and dray transportation through containers, chassis, and trucks. Its Logistics segment provides freight brokerage, supply chain, and import/export services; value-added services to manage and move its customers’ freight; and trans-loading and warehousing services. Schneider National, Inc. also leases equipment, such as trucks to owner-operators; and provides insurance for the company drivers and owner-operators. The company was founded in 1935 and is headquartered in Green Bay, Wisconsin.
SNDR: Breakout Confirmed, 10.78% Potential Profit!Description: SNDR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $25 - $25.7
2. Take profit: $28.06
3. Stop Loss: $24.57
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 78%
SCHNEIDER - Above the 50MANYSE:SNDR
SCHNEIDER NATIONAL INC #SNDR
- The stock exited the bearish trend in January 2021, touching almost the USD 24.00
- #SNDR retraced to what was the resistance for the whole month of December 2020
- In addition, #SNDR is now sitting above the 50 MA signalling a potential change of trend
- The RSI and MACD are both pointing to the upside
BUY @ USD 22.05
PT1 @ USD 23.30
PT2 @ USD 25.50
SL @ USD 20.50
New PartnershipThey have announced new partnership to improve what they have already invested into which seems a good step forward, but my only concern is that when i analyse the stock fundamentally it is not worth more than 26 but can see it going to $32 on a short term basis.
SNDR looking to breakout with broader transportsTransports have been strong of late and SNDR looks like it wants to go higher with them.
