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JB HUNT TRANSPORT SVCS
(JBHT-Nasdaq):
Technical Viewpoint: From a low
of $19.28 on Sep 25, 2006 prices
rallied, reaching a
high of $23.22
on Oct 10, 2006. A
decline saw prices pull back, reaching a
low of
$20.74 on Nov 2, 2006.
Another rally saw prices penetrate
resistance, closing 11/10/06
at $22.34. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 10, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $21.50. Resistance: Is at $22.64.
Point & Figure: Reversed to the upside on Oct 10, 2006. A P&F upside
reversal takes place at $20.00. Summary: Technical indicators have turned bullish. BUY! JB HUNT TRANSPORT SVCS
(JBHT-Nasdaq) @ $22.50 Stop: Use a protective stop of $20.50.
JB HUNT TRANSPORT SVCS is currently trading @ $22.34 plus $0.78 on Nov 10, 2006. Price Objective:
$31.00. Risk/Reward: $2.00 VS. $8.50. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$31.00
Risk/Reward:
$2.00 VS. $8.50
Risk/Reward Ratio:
4:1
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