Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Thursday, March 10, 2011
YRCW YRC Worldwide Weekly Chart Oversold Falling Wedge Positive Divergence
YRCW YRC Worldwide weekly chart oversold, falling wedge and positive divergence. With so many stocks and sectors displaying bear postures it is nice to find a bullish ticker. YRCW is bottoming now, so this trucker will be ready to roll any day. Give it a little space here at 2.3 but it will receive a positive divergence pop. Once it pops and moves up thru the 3.3-3.4 trend line it will thrust even higher. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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