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Old 11-13-2006, 06:04 PM   #1
Harry Aloof
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Join Date: Oct 2006
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Lightbulb Jb Hunt Transport (JBHT) 11/13/2006

From Wall Street Trader's Column

JB HUNT TRANSPORT SVCS (JBHT) Nasdaq
Report No. 2197 Analysis by: Harry Aloof November 13, 2006

JB HUNT TRANSPORT SVCS (JBHT-Nasdaq): Technical Viewpoint: From a low of $19.28 on Sep 25, 2006 prices rallied, reaching a high of $23.22 on Oct 10, 2006. A decline saw prices pull back, reaching a low of $20.74 on Nov 2, 2006. Another rally saw prices penetrate resistance line "A", closing 11/10/06 at $22.34. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 10, 2006 when the Histogram crossed the "0" line to the upside. Support: Remains at $21.50. Resistance: Is at $22.64. Point & Figure: Reversed to the upside on Oct 10, 2006. A P&F downside reversal takes place at $20.00. Summary: Technical indicators have turned bullish. BUY! JB HUNT TRANSPORT SVCS (JBHT-Nasdaq) @ $22.50 Stop: Use a protective stop of $20.50. JB HUNT TRANSPORT SVCS is currently trading @ $22.34 plus $0.78 on Nov 10, 2006.

Price Objective: $31.00.
Risk/Reward: $2.00 VS. $8.50.
Today's Risk Reward Ratio: 4:1

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