Rocketman

JCI weekly consolidation BARGAIN

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NYSE:JCI   Johnson Controls International plc
0
I purchased this stock based on a daily chart . It make a small weekly pullback, but an average daily pullback to a 50% fib level. It went to a horizontal support line and I purchased it with 365 or so shares.

This stock is undervalued according to research from S&P Capital; and it has been trading in a range since January 1, 2014.

I like the combination with the technical and fundamentals. My target is $63 in about 6 to 8 months. I will add more after it breaks above $52.

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.

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