InTheMoneyStocks.com: YRC Worldwide Inc. Hits Ultimate Target of InTheMoneyStocks.com
Wednesday November 05, 2008 12:16:18 EST
Nov 05, 2008 (M2 PRESSWIRE via COMTEX News Network) --
InTheMoneyStocks / After calling for a move on YRC Worldwide Inc. ( NASDAQ:YRCW) to trade higher, the stock of this midwestern based transportation company traded easily trade through the ultimate target of $6.00 in yesterday's session, which was predicted by www.inthemoneystocks.com just ten trading days ago.
The oversold condition isolated by our proprietary technical analysis, compelled us to isolate an extremely attractive risk reward scenario, which is the main focus of our research.
YRC Worldwide, Inc. provides transportation services for the shipment of industrial, commercial, and retail goods in the United States and internationally. The company's operating units include YRC National Transportation, YRC Regional Transportation, and YRC Logistics. YRC National Transportation unit offers a range of services for the transportation of industrial, commercial, and retail goods, such as apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components in regional, national, and international markets, primarily through the operation of owned or leased equipment.
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype while calling major and minor moves in the DOW, NASDAQ, S&P, commodities, currencies and stocks.
Mission Statement: Our goal is to provide accurate and precise market guidance without the Wall Street hype.
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