Steady Trader Daily Hot Tech-Stock: Jabil Circuit waves a bull flag

By serge berger — Author

Jabil Circuit - JBL

Shares of lectronics manufacturing company Jabil Circuit (JBL) have showed great relative and absolute strength so far this year. After pushing through its 200 day moving average in June the stock eventually settled into a multi-week consolidation phase, which now looks like a bull flag pattern. On Monday the stock attempted a marginal break out of this formation and thus is worth watching closely. An ultimate breakout could move this stock toward the $22 area rather quickly.

Posted to Hot Tech Stocks to Watch on Jul 22, 2014 — 8:07 AM

Check out what my VIP members get

Recent free content from serge berger

Steady Trader Daily Hot Stock: Biogen readies a move back to all time highs — 7/24/14
Steady Trader Daily Hot Tech-Stock: Red Hat breaks out of bullish pattern — 7/23/14
Steady Trader Daily Hot Tech-Stock: Google shares gain momentum after earnings — 7/21/14
Steady Trader Daily Hot Tech-Stock: Salesforce.com looks heavy — 7/18/14
Steady Trader Daily Hot Tech-Stock: Las Vegas Sands struggles — 7/17/14

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By NICHOLAS DOLAN — 9 years ago

By Daniel Duque — 9 years ago

This is a great tool to learn the essence of swing trading! Must recommend!

See All Reviews →