Weekly-wise: Today, it stopped EXACTLY at week of June 30, 2014 high. I don't like it. Maybe by the end of this weekly candle we will have more than 10% the volume of the week of June 30, 2014, or else JCI will pullback again.
Daily-wise: When I compared the last candle (today) it there is nothing bad with it, and the volume on last Friday in conjunction with this candle was better than on March 31st and April , so it is most likely bound to continue even if it pulls back.
What I am really after is that high on March 02, 2015, with a tentative target around 64.10. I think 57 is too low of a target. That is a long consolidation that has lasted since January 2014. IF it breaks out.
What do you think in terms of projections (not predictions)?