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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Doktor who wrote (2381)1/6/1998 4:19:00 PM
From: Rob L.  Read Replies (2) | Respond to of 6317
 
JBIL closed strong despite a poor overall market environment. Volume was nearlky 1 million shares. Today would have been a good day to fill the gap at 38. Oh well. I think we may go higher before eventually filling the gap. Fenton may be right (whether he knows it or not) when he talks of cycles. I bet he is a fan of stochastics which is based on cycles. Stochastics are pointing downward. Two days in a row we closed above the 200 day MA. Next resistance at 50 Though we are now above the upper bollinger band. Technicals are mixed which could suggest we are rangebound. Now that I have confused you all...GO JBIL!