MarkLudgate

JKHY - buying at the trend line with favourable probabilities

Long
NASDAQ:JKHY   Jack Henry & Associates, Inc.
The main idea behind this is to use all probabilities we can to get a likely win
- The uptrend is apparent
- There has been a pullback
- The pullback is slowing and at the trendline

We then aim for a decent risk to reward of 3, or above 2 if 3 seems over ambitious.
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.