We have a channel stock-
XPO
This is clearly channeling between $80 and $90 // currently in the middle $85
A few days of weakness and you can grab this near $80 BUY IT I Think. Of course this recession talk puts a crimp in the thesis (when will they let that go!) But we have heard that upcoming earn are expected to be good.
$90 is a triple top so any good pierce of that and it's off to the races.//
This could also be an OPTION KING trade. we'll see.
UPDATE- Technically a few more dollars to go to top of channel but since we have a near perfect entry I'm letting this go now.
GBA SELL-->XPO, Inc. (XPO)
NYSE - Nasdaq Real Time Price.
87.15+2.24 (+2.64%)
As of 10:20AM EST.
