Chart of the Day: Westinghouse Air Brake Technologies (WAB)

A cup and handle pattern has formed in the chart of Westinghouse Air Brake Technologies (WAB)…

Westinghouse Air Brake Technologies (WAB) is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, the Freight and Transit. The company’s merger with GE transportation is one component driving revenue. The merger increased WAB’s freight services capabilities and capacity.

Take a look at the 1-year chart of WAB below with added notations…

See chart and continue reading at STOCKNEWS.com