seine
Long

JCI - long setup

NYSE:JCI   JOHNSON CTLS INTL PLC
42 3 1
It has digested previous gains very constructively with signification volatility contraction.
Now, it's time to expand again.
seine
2 years ago
CUDA has the same setup
CUDA breaks out
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Rocketman PRO
2 years ago
Yeah, I've been in JCI since mid-February around 49 something.

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)?
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seine Rocketman
2 years ago
oh i don't project. i don't think it's the right way to approach trading. i just let it go wherever it wants and i either get out when momentum subsides or get stopped out. I trail stops.
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