JEC - Looking for a breakout up to $63.50 - $69.00

20 Mar 2017

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.