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.
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...
Noch ist es keine Schulter-Kopf-Schulter Formation, aber es sieht Alles danach aus. Möglicherweise beflügelt auch die bevorstehende Dividendenzahlung, so wie beim letzten Mal. Ich bleibe weiter am Ball bei dieser Aktie.
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...