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kowloonboys
May 28, 2020 3:42 PM

J testing resistance Long

Jacobs Solutions Inc.NYSE

Description

#6 trade of the month - probably the last trade of the month

Got in around $82.2. J is now testing the next resistance at $85 soon and target 1) $90 and 2) $97 by next month and cut loss at $73.

Literally everything has been up this month so be greedy when the market is up.

Comment

Not really moving much in the last two months. But look at the pattern, it tells that no one has capitulated so far. It is still testing the resistance. It gonna be boom if you just get to have patience.
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