looks like still caught in the channel, but may be breaking out of it? stay tuned...
This on also looks enticing; perhaps a break up out of this channel for the summer - JCI is a major HVAC company that usually does well in the summer... the stock is currently bumping up on a resistance; but I think it can break through... we will see
tested major as well as minor support and JCI is forming a rebound pattern with a broader doji and bullish reversal candles. Minor resistance @ 46.64 which has to be taken in order to at least get back to 200 mvg and then 51.00 levels.
Ascending triangle with two candle formations showing upward trend continuation. Waiting for resistance line to be broken before investing.
JCI, gap up window might stand as support, previews resistant will become support.
It has already made two nice bull runs in the second half of last year and looks poised for another one now.