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Is JBTM primed for upward momentum? Pocket Pivot shows up after rising 1.15%
JBTM finished higher by 1.15% on Friday, June 26th, trading 1.5 times its typical volume. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 200 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 136.53, 133.87 & 132.05, with resistance at 141.01, 142.83 & 145.49. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of JBTM: B
There’s more where that came from. See all of today’s signals for JBTM here.
Read full article here »