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Saturday, October 17, 2009

YRC Worldwide YRCW Stock Analysis

The following is technical analysis on YRC Worldwide Inc. (YRCW) for October 19, 2009

YRC Worldwide Inc. (YRCW) Support and Resistance Levels - 10/19/09

Resistance Levels - $4.85, $5.00

Support Levels - $4.00


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YRC Worldwide Inc. (YRCW) continues to hold the $4 support level which is bullish. In two weeks, some of YRC's debt will come due so I'd expect the stock to become volatile. As long as $4 holds, I like the stock. I will be a buyer YRCW when it closes back above $5. For More Technical Analysis - Go Here

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