Knight-Swift - $KNX - Swing-Trade | Dip-buy
Updated
Knight-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) 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. Note
Right now, I'm unsure as to whether I can get in on a bounce or not, so I'm monitoring but not acting.Note
Still monitoring. There must be more to this than originally observed. I believe this week could hold some positive movement, but I'm just going to keep monitoring right now.Note
Monitoring closely, I"ll be looking for catalysts I can find over Google News, etc... Looks pretty close to an entry point for me, if the general sentiment is that the company is doing well.
Note
Looks as if trade-fear from the proposed tariff garbage has lowered KNX (trucking industry).. I'm in a holding pattern as I don't want to hold all the way to the bottom of this bounce.Trade closed: target reached
We've reached my PT of $41.75, so I've sold my calls and closed my position with KNX . I'm happy with the result + gains and will continue looking for more dips to buy on other stocks!
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