JBHT traded in a range for a number of years before making clear double-bottom at exactly $2.15...Began a steep uptrend thereafter characterized by a very lengthy flag formation... Currently,
JBHT is enjoying a big up move with the rest of the trucking sector and is performing relatively well within the space... Looks a little overdone to the upside, having just been rebuffed from the RED resistance trend-line that forms the top of the flag pattern.
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