The Greenbrier Companies supplies transportation equipment and services to the railroad and related industries. The Company's manufacturing segment produces railcars and marine vessels. In addition, the Company provides complementary leasing and services activities.

Railroad freight car orders increased 51.4 percent in the fourth quarter, compared with the same quarter last year, according to the Railway Supply Institute. Demand for railroad, railcars and railroading has uncoupled from the overall economic drivers which have long linked the industry to gross domestic product and the economic health of the nation. The need to move fracking components has helped push the number of railcars waiting to be built to 65,044, the highest level since 2008 and the seventh consecutive quarterly increase. The energy industry may require 50,000 new railcars in the next three to four years in addition to the ones already in backlog.

Technically, daily data formed a fifth bottom in the same upward range. Moving averages orientation is uprwarding. Weekly data show a consolidation phase up to the moving averages crossing at 21 USD. A return on the upward range support at 22.5 / 23 USD is engaged.  The rebound will engage the stock on the way to the short term resistance at 26.8 USD and to our main objective at 30 USD.

Due to the strong fundamentals and the attractive graphical configuration, we could engage a buying strategy on the rebound with a first objective at 26.8 USD and by extension at 30 USD. A stop loss will be positioned below 22 USD to avoid disappointment.