Long
JEC - Looking for a breakout up to $63.50 - $69.00
JEC (Bullish since early 2016) is nearing completion of a descending wedge at a 0.618 Fibonacci level. In the event of an upward breakout, expect a move up to at least $63.50 (top of wedge resistance), to $69.00 in the event of an ABCD completion.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.