JBHT Long Took position in this one. Not a big mover. Breakout few days ago and bounce of that breakout level.
JBHT
DOW moves to all time high of 37kBad news aside, IYT is what pushes the DOW to 37k. IYT got pummeled back in June losing alot of ground. Airlines and Railroads have finally found their footing, basing, and slowly climbing up this past week. IYT to 300 soon!
JBHT Entry Triggered, Great sleeper pick breakout on this one.Entered this trade based off of the entry discussed in the weekly market watch video.
Bought 2, 19 March 2021 $165 at a cost basis of $1.05
Side note I think I just missed my exit while posting this haha
Stock to watch: J.B. Hunt (JBHT)NASDAQ:JBHT
May be an interesting trade that can turn from intraday/swing into long-term.
Buy/Sell Zones indicate an uptrend + a lot of bullish momentum lately.
Short-term Long targets are all-time high up to 0,618 Fib (but may be extended even higher - should see how strong the resistance will be)
Invalidation: closing lower than the previous lows.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
J.B. Hunt Transport Services (JBHT) short.All description on the chart.
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Thank you.
Short Idea: Industrials Appear To Have ToppedFor the short-term I believe the industrials are in for a correction. Pick areas where it's re-testing previous day's high. Of course, this is just my opinion. Do your own due diligence. This is not trading advice.
My ideas are:
ODFL
JBHT
IYJ
JBHT Challenges Previous HighsJBHT recently formed a resting day consolidation pattern at a resistance high. The stock moved with Professional Traders momentum out of a minor correction.
JB Hunt Earnings Play AH MondayBuying Puts Monday after it pumps some more....maybe at $96 dollar range.
