c0dchef

JACOBS ENGINEERING - 1M TF - Trendline Observation

NYSE:J   Jacobs Solutions Inc
Trendline Observation(s). A simple trendline breakout above 104 on Monthly Chart of JACOBS ENGINEERING after almost 13 Years. It was rejected once before in Feb 2020 from 104. Finally broke out last month. I did not find the volume overwhelming/high enough considering it is a previously tested ATH breakout. Volume above 20 million would've been great. Let's see how it works out in coming months. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.