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Uptrend. Momentum is getting stronger.
Means
Buyers still have control in the short term.
Based on
Volatility is high and holding near highs.
Means
Short-term swings are large, so pullback risk is higher.
Based on
Current level looks expensive.
Means
Price is near the top of its recent range, so upside room can be limited.
Based on
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C.H. Robinson’s Global Forwarding business handles ocean freight, air freight, and customs brokerage, which lines up closely with Expeditors’ core services. Both companies compete for the same importers and exporters that need help moving goods across borders and clearing customs.
