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JBNYCTRADE
Feb 24, 2023 12:35 AM

JB Hunt, time to go long? (H&S) Long

J.B. Hunt Transport Services, Inc.NASDAQ

Description

Closed out a short position after today's drop in Nasdaq and then went long on the reversal/bounce off the low $182's. Looking to see to what extent the Head & Shoulders pattern plays out beyond $186.
If we stay above the 200 MA, $190 would be the first profit target, with a possible short to retest $186.00.

NASDAQ:JBHT
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