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Jabil Circuit Inc. Message Board

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  • mopsu28 mopsu28 May 31, 1998 11:52 PM Flag

    JBL broke key support?

    If you're not so sure about support being broken
    wait for Monday. Techs are gonna take a dive and
    looking at the performance of JBIL for the past few weeks
    I don't see it bucking the trend. Will buy at 30 in
    a week or two

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    • that support has been broken. I was not sure 34
      1/16 was
      enough to declare total capitulation on
      Friday.

      I still do not think that the selloff is Jabil
      specific. All techs are in retreat. Former market leaders
      DELL and INTC set the pace. My only consolation comes
      from the fact that I sold
      over 30 naked June calls
      on DELL, AMAT, and CPQ about 2 weeks
      ago...

 
JBL
21.34-0.26(-1.20%)Sep 19 4:03 PMEDT

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