See how the Diamond is playing out for J. View live chart.
Indecision. Widening then narrowing range.
Bearish continuation if preceding move was down.
Market participants tracking Jacobs Solutions should note the latest formation. With a last close of $135.1, volatility remains active (2.72%). Price action has carved out a classic **Diamond**. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at **$126.03**, targeting **$98.98** with support near **$139.56** (R:R 2.0).
What is your outlook on J?