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YRC Worldwide Inc. (YRCW) is breaking out again but has resistance located at $0.27. Penny Stocks are risky as most of you know but if YRC Worldwide stock breaks above $0.27, I think I will jump in for a swing trade. I would then keep a tight stop at either $0.23-$0.24.
YRCW is holding It's 10 day moving average and if it can pop above $0.27, it will have broken a recent high and be over the 50 day moving average.
Keep an eye on YRC Worldwide Inc.

Tags: 7/21/10, Inc., Worldwide, YRC, YRCW, penny, stock, top
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