8 Transport Stocks Gaining Momentum

View as article  |  Filed Under ยป , ,

Canadian National Railroad

The MACD crossover shown on the chart suggests that Canadian National Railroad (NYSE:CNI) could be headed higher.

CSX Corp

The bullish MACD crossover suggests CSX is poised to head higher.

Union Pacific Corp.

UNP is nearing resistance at $77. The MACD crossover could give UNP the boost it needs to break higher.

Norfolk Southern Corp.

NSC has found support near its 200-day moving average on several occasions. The recent bounce combined with the MACD crossover suggests NSC could be headed higher.

UAL Corp

The MACD crossover will be used by traders as a buy sign. UAL could see some upward momentum here.

Southwest Airlines Co.

The 200-day moving average could prove to be an area of resistance. Traders will watch to see if the MACD buy sign will be enough to send the shares higher.

J.B. Hunt Transport Services

JBHT has bounced off support near $32 again. Traders will use this level to place their stop losses and it creates an interesting risk/reward setup.

Continental Airlines Inc.

The MACD crossover suggests CAL is headed higher.

Related SlideShows

Sponsored Links
Related Articles
Trading Center
Partner Links