YRC Worldwide YRCW Stock Analysis 9/15/09

The following is technical analysis on YRC Worldwide Inc. (YRCW) for September 15, 2009

YRC Worldwide Inc. (YRCW) Support and Resistance Levels - 9/15/09

Resistance Levels - $4.58, $4.78, $5.94

Support Levels - $3.56, $2.96

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Since my last update, YRC Worldwide Inc. (YRCW) broke $2.90 and surged into the $4's. I am now watching resistance at $4.58 as well as the May 2009 high of $4.78. A close above $4.78 would be bullish and there is a chance YRCW could retest $6. Pullbacks to the 10 & 200 day moving averages should now be bought if the opportunity presents itself. For more Technical Analysis - Go Here

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