Every now and then I like to run scans for stocks that recently crossed over the 200-day moving average (and some other factors). Mainly because the 200-day time frame is noted as a major trend reversal area.
Below are a couple charts that stood out to me after
J.B. Hung Transport Services (JBHT) has been on a long-term upward trend for a couple years now; however, that shouldn’t shy us away from trying to profit short-term on this current long-term trend.
From looking at the chart below, we want to see the stock comfortably