Engineering Of A Break Out, Jacobs Engineering Group Inc (NYSE:J

Over the last few weeks, Jacobs Engineering Group Inc (NYSE:JEC) has been attempting to break above a key trend line on the daily chart as shown in the chart below. However, the stock has failed to breakout time after time. Now, our proprietary technical analysis indicates that this time around Jacobs Engineering Group Inc (NYSE:JEC) has a high probability of breaking above this key trend line. I will be waiting for another proprietary signal revealed in the charts to alert of exactly when to enter this trade in the long side.

At this time Jacobs Engineering Group Inc (NYSE:JEC) is missing a key consolidation time count. Should Jacobs Engineering Group Inc (NYSE:JEC) move sideways for a few more days, I will be sending an alert to our Elite Round Table subscribers to go long Jacobs Engineering Group Inc (NYSE:JEC) with precise entry and exit levels.