Jabil Inc. (JBL) is presenting a high-probability setup for traders to capitalize on both the short and long sides of the market. With clear signs of a steep correction and long-term support levels, this dual-action plan ensures you can ride the wave down and prepare for an eventual recovery. Here’s how to execute this strategy effectively.
Action Plan:
Phase 1: Short the Correction 📉
With Jabil showing exhaustion after a steep rally, the chart indicates a potential bearish move toward key Fibonacci retracement zones.
- Short Sell Entry Zone: $160–$165
- Stop Loss: $170
- Profit Targets for Short Sell:
- Target 1: $100
- Target 2: $63
- Target 3: $45
- Why Short?
The bearish divergence in momentum indicators and break of the parabolic trend suggest an extended correction phase, with $45 acting as a significant historical support zone.
Phase 2: Position for the Rebound 📈
Once JBL completes its downward correction, key support levels provide a strong base for long-term recovery.
- Buy Zone for Long Position: $40–$45
- Stop Loss: $35
- Profit Targets for Long:
- Take Profit 1: $63 ✅
- Take Profit 2: $100 🚀
- Take Profit 3: $160 🎯
- Why Buy?
Jabil’s fundamentals remain robust, and historical price action indicates strong bullish momentum after significant corrections. The recovery phase provides an excellent long-term investment opportunity.
Key Takeaways:
- JBL offers a compelling dual-play opportunity:
- Short-term traders can profit from the expected correction by shorting the decline.
- Long-term investors can take advantage of discounted prices at strong support levels for substantial upside gains.
This approach allows you to benefit from both market phases while minimizing risk through disciplined stop-loss strategies.
Disclaimer
This post is for informational purposes only and does not constitute financial advice. Trading and investing involve risks, including the potential loss of principal. Always conduct thorough research and consult with a licensed financial advisor before making any trading or investment decisions.
Profit from Jabil’s dual-action setup—short the fall, buy the rebound, and maximize your returns in both directions. Trade smart and stay ahead of the market!
