YRC Worldwide YRCW Stock Analysis 9/10/09

The following is technical analysis on YRC Worldwide Inc. (YRCW) for September 10, 2009

YRC Worldwide Inc. (YRCW) Support and Resistance Levels - 9/10/09

Resistance Levels - $2.90, $3.00, $3.35

Support Levels - $2..26 $2.00, $1.85

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YRC Worldwide Inc. (YRCW) got a yes vote on labor concessions last night and this is causing shares to gap higher in pre market. Two key resistance levels to watch are $2.90 & $3.00. A close over $3 would be bullish and this would start a fresh breakout. After $3, the next major resistance levels are located between $3.35-$3.50. I will now be buying pullbacks to the 10 day moving average. For more Technical Analysis - Go Here

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