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$CGI continuation pattern runner off the 50 day mo

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Post# of 36122
Posted On: 04/20/2015 12:02:49 PM
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Posted By: lancej
$CGI continuation pattern runner off the 50 day moving average. Big EPS forecast hikes over the last 90 days. CGI trades in the Trucking industry and has seen revenue really pick up over the last few quarters.

The catalyst for continued growth is that a strengthening US consumer and economy will cause trade between the U.S., Mexico, and Canada pick up.

The stock did a Resurrection Cross of the 50 day moving average crossing above the 200 day moving average back in January of 2015.

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Source: Celadon Group Stock Continuation Pattern Play


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