Ten Takeaways From Navistar's Chart

Schaeffer's Investment Research
  AUG 30, 2013 3:00 PM

Six out of 11 analysts rate the shares a "hold" or worse.


Today’s chart is of Navistar (NYSE:NAV), which manufactures and sells commercial and military trucks, buses, diesel engines, and recreational vehicles, as well as provides service parts for trucks and trailers worldwide.

What I'm Looking At:
Strategy:  On aggressive trade would be buying a call ahead of next week’s earnings in anticipation of breakout after release.  Target = round-number $40 level.

This article by Tony Venosa, CMT, was originally published on Schaeffer's Investment Research.

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