Jones Lang LaSalle Inc., a financial and professional services firm,
provides integrated real estate and investment management services to
owner, occupier, investor, developer clients worldwide. Its real estate
services comprise agency leasing, investment management, tenant
representation, real estate investment banking/merchant banking,
property management, corporate finance, facilities
management/outsourcing, hotel/hospitality advisory, project and
development management/construction, energy and sustainability services,
valuations, value recovery and receivership services, consulting,
logistics and supply chain management, and capital markets. The company
offers these services to real estate owners, occupiers, investors, and
developers for various property types, including offices, multi-family
residential and military housing, hotels, critical environments and data
centers, industrial properties, sports facilities, retail properties,
cultural facilities, healthcare and laboratory facilities,
transportation centers, government facilities, and educational
facilities. It also provides a range of real estate investment products
and services in the public and private capital markets, as well as
indirect public investments primarily in publicly traded real estate
investment trusts and other real estate equities.
To review Jones' stock, please take a look at the 1-year chart of JLL (Jones Lang LaSalle, Inc.) below with my added notations:
While trading sideways over the last (3) months, JLL has formed a
solid resistance at $100 (red). That resistance would also provide a
52-week high breakout if the stock could manage to break above it. In
addition, the stock has been climbing a trendline of support (blue)
since last August. At some point, the stock will eventually have to
break one of those two levels.
The Tale of the Tape: JLL has an up trending support
and a 52-week resistance level to watch. A long trade could be made on a
breakout above the $100 resistance or on a pullback to the support,
which currently sits near $93. A break below the up trending support
could be an opportunity to enter a short trade.
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