Can KNX Challenge Resistance with Analyst Support?

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Can KNX Challenge Resistance with Analyst Support?Knight-Swift Transportation Holdings Inc.BATS:KNXNinjaCodeSolutionsTrade Summary 📝 Setup: KNX building higher lows above rising support; testing multi-month resistance zone. Entry: Watching for long entry on a break above $46.26. Stop-loss: Below $44.20 (just under trendline support). Targets: $49 (near double top resistance), $52.32 (analyst price target). Risk/Reward: Attractive with defined risk and upside to multiple levels. Technical Rationale 🔍 Rising trendline support shows bulls steadily defending higher. Price compressing just below a prior pivot/high—breakout could spark new momentum. Double top at $49 offers a logical first target; further room if bulls push to analyst target at $52. Catalysts & Context 🚦 Analyst 1-year price target sits at $52.32 (+17%), with a “Buy” consensus rating. Trucking/transport sector showing signs of rotation after long weakness. Upcoming earnings and macro data could act as catalysts for a move. Trade Management Plan 📈 Entry: On confirmed break and close above $46.26. Stop-loss: Just below $44.20 support. Scaling: Trim at $49 (double top area); hold runners for $52.32 if momentum continues. What’s your move on KNX? 🔼 Bullish—Breakout incoming 🔽 Bearish—Resistance will hold 🔄 Waiting for confirmation *** Follow us now to ensure you don't miss the next big setup *** Disclaimer ⚠️: Not financial advice. Trade at your own risk and always use stops.