When J.b. Hunt Transport ($JBHT) Moves Investors should Listen

October 07, 2023, 20:00 pm ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for JBHT

• Buy JBHT slightly over 175.55 target 188.18 stop loss @ 175.04 Details

The technical summary data tells us to buy JBHT near 175.55 with an upside target of 188.18. This data also tells us to set a stop loss @ 175.04 to protect against excessive loss in case the stock begins to move against the trade. 175.55 is the first level of support below 186.63 , and by rule, any test of support is a buy signal. In this case, support 175.55 would be being tested, so a buy signal would exist.

• Short JBHT slightly under 188.18, target 175.55, stop loss @ 188.72 Details

The technical summary data is suggesting a short of JBHT as it gets near 188.18 with a downside target of 175.55. We should have a stop loss in place at 188.72though. 188.18 is the first level of resistance above 186.63, and by rule, any test of resistance is a short signal. In this case, if resistance 188.18 is being tested, so a short signal would exist.

Swing Trading Plans for JBHT

• Buy JBHT slightly over 188.18, target 201.77, Stop Loss @ 187.64 Details

If 188.18 begins to break higher, the technical summary data tells us to buy JBHT just slightly over 188.18, with an upside target of 201.77. The data also tells us to set a stop loss @ 187.64 in case the stock turns against the trade. 188.18 is the first level of resistance above 186.63, and by rule, any break above resistance is a buy signal. In this case, 188.18, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short JBHT slightly near 188.18, target 186.29, Stop Loss @ 188.72. Details

The technical summary data is suggesting a short of JBHT if it tests 188.18 with a downside target of 186.29. We should have a stop loss in place at 188.72 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 188.18, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for JBHT

• Buy JBHT slightly over 187.75, target 188.18, Stop Loss @ 187.31 Details

If 187.75 begins to break higher, the technical summary data tells us to buy JBHT just slightly over 187.75, with an upside target of 188.18. The data also tells us to set a stop loss @ 187.31 in case the stock turns against the trade. 187.75 is the first level of resistance above 186.63, and by rule, any break above resistance is a buy signal. In this case, 187.75, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short JBHT slightly near 187.75, target 186.29, Stop Loss @ 188.19. Details

The technical summary data is suggesting a short of JBHT if it tests 187.75 with a downside target of 186.29. We should have a stop loss in place at 188.19 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 187.75, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  J.b. Hunt Transport (JBHT) available here: JBHT.

JBHT Ratings for October 07:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Neutral
P1	0	0	175.55
P2	185.86	182.05	188.18
P3	187.75	186.29	201.77

AI Generated Signals for JBHT

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  J.b. Hunt Transport (NASDAQ: JBHT) report below is a real world example. Included are trading plans for JBHT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.