Strong earnings beat, created new 52 week high, consolidating nicely, and showed strength during recent tech sell off ... looks ready for another leg higher. PT $36
Never can be too sure where the correction may end but the 38.3 might be as good a place as any......if correct, there may be some upside in this stock.
JBL is forming a possible H&S formation in weekly chart. It seems a good long term short opportunity.
* Trade Criteria *
Date First Found- November 9, 2017
Pattern/Why- Potential H&S in weekly
Entry Target Criteria- Break of $27.33
Exit Target Criteria- $18.32
Stop Loss Criteria- $32.07, $29.43 (Conservative)
Please check back for Trade updates. (Note: Trade...
Here is an ascending triangle breakout over 6 years in the making.
Daily shows a small rectangular consolidation, which allowed the 50a to catch up, and is breaking out again.
Could be a decent long term hold.
I bought yesterday at 30.67. Late to the party so smallish position.
