JBL Forms Cup with Handle, Breakout Attempt at 370.28 Pivot

Posted on by Eben@CANSLIM Research
JBL daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research

JBL is advancing within a Stage 2 uptrend, holding above a rising 30-week moving average. The stock has formed a 9-week Cup with Handle base, with a breakout attempt currently underway at the 370.28 pivot.

While the breakout lacks volume confirmation, the overall setup remains bullish, supported by a strong trend template and a recent bull flag. The market is focused on whether volume can confirm the breakout to trigger further upside.

As of 2026-08-17 · Close $369.89

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 5.66%)

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