JBT: JBT Corporation 2021-12-01 17:00:00 JBT Corporation Declares Quarterly Dividend and Announces Share Repurchase Program
Possible stop under C or last pivot low. Not a recommendation. No rising wedges in the yearly chart. Recent pull back from 151.64. Short interest a bit over 4% depending on where you look. Negative volume is high.
2 higher low and 2 higher high. Betting on the 3rd higher low with ending and igniting volume DISCLAIMER. This post is for educational purposes only and should not be construed as investment advice. Your use of the stock observations is entirely at your own risk and it is your sole responsibility
We exceeded the high at 111.80 which is a sign that the correction is over and the price may surge higher.
JBT formed an ugly H&S. 2 of 3 indicators pointing down. Higher time frame indicators are mixed to negative.2.3 RRR weekly monthly
Demand Zone on Weekly Chart. Large risk Entry: $45.81 Stop Loss: $41.35