EXPD/Expeditors Intl. - This monthly chart shows a slow and griding uptrend. Note how the bars overlap by a significant amount? Talk about slow, but hey, at least it's still going up. And now, a pending test of top just as earnings are due out.
Here's the weekly chart, with support and resistance marked out with the blue horizontal dotted lines.
Daily chart shows that this is not a high volume trader, but investors are going for the "breakout" and then a test of the old swing high in the 41 area.
04.02.09 10:38 #