-1R Triggered and stopped out. Bouncing off support (12/18/2014 gap) with a HL and a gap up. Why not? Must get out before Earnings (1/22/2015).
System ESG this stock have 88.89% success. Target 47.04$ (4.50%) Stop 43.669$ (3.00%) or close it in 15 sessions at close
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.
1. Up momentum. 2. consolodiation at the high point -> Waiting for the break-up 3. First Tp1 will be 3% up
JCI, gap up window might stand as support, previews resistant will become support.
there is a perfect channel nad price has reached the upper band of it....i expect prices to go down and retest the lower band of the channel...and see what will happen there
It has already made two nice bull runs in the second half of last year and looks poised for another one now.