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Thursday, December 26, 2024

Against the Trend Action in CH Robinson

Against the Grain Action in C H Robinson

By Paul at Market Shadows

Those who watch what's UP when most stocks are FALLING might want to check out the action in CHRW.

CHRW - counter trend move

Logistics company C H Robinson (CHRW) was up yesterday and is up nicely again today (+ 2.29% as of 2:03 PM) despite the big market sell-off. There are large size bids from call buyers.

Is good news brewing?

Someone was willing to pay $0.86 per share for the Jan. $65 calls a few minutes ago. 52-week range on the stock? $50.21 – $62.46.

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