When the Price of (JBL) Talks, People Listen
February 06, 2024, 14:48 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for JBL
- Buy JBL slightly over 124.55 target 135.6 stop loss @ 124.19 Details
The technical summary data tells us to buy JBL near 124.55 with an upside target of 135.6. This data also tells us to set a stop loss @ 124.19 to protect against excessive loss in case the stock begins to move against the trade. 124.55 is the first level of support below 129.67 , and by rule, any test of support is a buy signal. In this case, support 124.55 would be being tested, so a buy signal would exist.
- Short JBL slightly under 135.6, target 124.55, stop loss @ 135.99 Details
The technical summary data is suggesting a short of JBL as it gets near 135.6 with a downside target of 124.55. We should have a stop loss in place at 135.99though. 135.6 is the first level of resistance above 129.67, and by rule, any test of resistance is a short signal. In this case, if resistance 135.6 is being tested, so a short signal would exist.
Swing Trading Plans for JBL
- Buy JBL slightly over 131.75, target 135.6, Stop Loss @ 131.37 Details
If 131.75 begins to break higher, the technical summary data tells us to buy JBL just slightly over 131.75, with an upside target of 135.6. The data also tells us to set a stop loss @ 131.37 in case the stock turns against the trade. 131.75 is the first level of resistance above 129.67, and by rule, any break above resistance is a buy signal. In this case, 131.75, 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 JBL slightly near 131.75, target 127.46, Stop Loss @ 132.13. Details
The technical summary data is suggesting a short of JBL if it tests 131.75 with a downside target of 127.46. We should have a stop loss in place at 132.13 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, 131.75, 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.
Day Trading Plans for JBL
- Buy JBL slightly over 129.69, target 131.75, Stop Loss @ 129.39 Details
If 129.69 begins to break higher, the technical summary data tells us to buy JBL just slightly over 129.69, with an upside target of 131.75. The data also tells us to set a stop loss @ 129.39 in case the stock turns against the trade. 129.69 is the first level of resistance above 129.67, and by rule, any break above resistance is a buy signal. In this case, 129.69, 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 JBL slightly near 129.69, target 127.46, Stop Loss @ 129.99. Details
The technical summary data is suggesting a short of JBL if it tests 129.69 with a downside target of 127.46. We should have a stop loss in place at 129.99 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, 129.69, 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 Jabil Inc. (JBL) available here: JBL.
JBL Ratings for February 06:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
124.55 |
| P2 |
129.69 |
127.46 |
135.6 |
| P3 |
132.9 |
131.75 |
147.44 |
AI Generated Signals for JBL
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Jabil Inc. (NYSE: JBL) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for JBL can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for JBL:
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