I love breakout plays in the short-term that also form long-term ascending triangles in the long-term. They are incredibly reliable plays.
I got in JCI at $35.22, with my stop-loss at $34.25. As long as we don’t fall below the breakout level as shown below, we should be good to go in the days ahead and perhaps see a push for $40.00 if I can hold on for a week or two. .
Here is the JCI trade setup.
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