JBHT ready to move higher?

14 พ.ย. 2021

* Great earnings year-over-year
* Very strong up trend
* High 3-month relative strength in the Industrial sector
* Was in a ~7 month consolidation
* Recent earnings caused a break away gap and a tight range for 3 weeks
* This created a base on base pattern
* Breaking out of a very tight 3 week consolidation of 2.49% with higher than average volume

Trade Idea:
* Now's the perfect time to enter as the price is very close to the broken level.
* However, looking at the weekly chart, this may consolidate for a couple of days before continuing to move higher.

17 พ.ย. 2021

บันทึก

JBHT is offering another entry in case you missed the first one. You can use the following criteria to enter:

Entry: $201.46
Stop: $191.46
Target: $226.46