A down trend can be plotted in both scenarios and also in both scenarios a price jump above on the third test can be observed
In the first case this led to a price rise
We just need to wait to see if the price rise repeats in the second up bounce above trend line
The 200MA is kinda irrelevant but in both cases the up bounces (in green) are above the 200MA
Hey guys, JONES LANG LASALLE is in a false low configuration with a high volume of past purchases and a large trace of rejected sellers. In TIMEFRAME M1 we can see a dragonfly doji bullish with a low volume big potential to break the VWAP to join the last precedent above. And if the buyers are there with liquidity to fill the bearish breakout gap to reach the...
JLL——50,200MA, 40VWMA.
The 200MA is under Death at this time it is in the process of forming a goldenX to try to penetrate double top, will hold under evaluation.
***** The money will follow*****
50% minimun fall from DOUBLE top to the confuelce of resistance, moveing average and mid channel.
The worst... The extension of this double top is BELOW 0
The RSI has EXACTLY the coincidence EVEN on time. Maybe around summer.
If the MASTER of this sector falls.... all down with him. The next Lehman Brothers of the Real Estate??
JLL is trying historical high, showing bullish flag pattern around previous high.
Make sure it strongly break out previous high ( around 172 ) and ( around 177 ) with increased volume.
Stop Loss : $161
The following is weekly.
JLL
Date First Found - November 15, 2016
Pattern/Why- fallen angel, bullish momentum
Entry Target Criteria- break above $94.00 (hit November 15, 2016)
Exit Target Criteria- Target 1 $114.00 Target 2 $143.00
Stop Loss Criteria- $85.35
Indicator Notes- strong improvement in Twiggs Money Flow, insider buying
Special Note- we would consider March $90 Calls...
JLL yesterday gapped up on higher volume and a good earnings report. But it hasn't yet comfortably cleared the recent pivot high of 2nd April.
I last looked at JLL 5 months ago in November 2014. The analysis suggested price would be heading higher - which it has done. But some of the pullbacks have been a little deeper than a trend trader would have liked -...
Now JLL has broken and retested the 2007 high ($124.99) there is room for price to move further to the upside.
There was a cluster of support at around $125 but it dipped just below this during the October pullback (which affected most stocks). It found support at the 50ma on the weekly chart but popped below the 200ma on the daily chart.
Since then price has...
