The upward trend could spur Landstar System in the coming sessions.
From a fundamental viewpoint, the security has great attributes. As claimed by Thomson Reuters, sales are expected to grow for the next two years. Moreover, analysts have revised upward their EPS estimates for 2014 and 2015.
Landstar System, is in an uptrend in the medium and long term, although, the last bearish movement threw it back near to a major support level. This threshold, if preserved, will enable the equity to take advantage of the bullish movement. So, it seems relevant to take a long position on the stock near to the USD 72.3 level in order to reach the USD 77.3 short term resistance.
Dropping prices could be considered on the USD 72.3 area, it would represent an interesting level for buyers. A stop loss will be fixed below the entry point to limit risks.
Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions delivering specialized transportation services to a range of customers utilizing a network of agents, third-party capacity providers and employees. The Company operates through two segments. Transportation logistics segment provides a range of integrated transportation management solutions. Transportation services offered by the Company include truckload, less-than-truckload and other truck transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, United States-Canada and United States-Mexico cross-border, intra-Mexico, intra-Canada, project cargo and customs brokerage. Insurance segment consists of Signature Insurance Company and Risk Management Claim Services, Inc. The insurance segment provides risk and claims management services to certain of Landstars Operating Subsidiaries.
LANDSTAR SYSTEM, INC. 
