Jarden Corporation manufactures, markets, and distributes consumer
products in the Unites States and internationally. The Outdoor Solutions
segment offers camping and outdoor equipment; fishing and team sports
equipment; alpine and nordic skiing, snowboarding, snowshoeing, and
in-line skating equipment; technical and outdoor apparel and equipment;
personal flotation devices, water sports equipment, and all-terrain
vehicle gear; and inflatable air beds and accessories. The Consumer
Solutions segment provides home vacuum packaging machines, scales,
coffeemakers and other beverage products, small appliances and personal
care products, and specialty kitchen and home environment products under
the Bionaire, Breville, Crock-Pot, FoodSaver, Health o meter, Holmes,
Mr. Coffee, Oster, Patton, Rival, Seal-a-Meal, Sunbeam, VillaWare, White
Mountain brands. The Branded Consumables segment offers home canning
jars and accessories; playing cards and accessories; firelogs and
firestarters; cord, rope, and twine; storage organizers and workshop
accessories; and doors and fencing, as well as home safety, baby care,
home care, health care, and arts and crafts products.
Please take a look at the 1-year chart of JAH (Jarden Corporation) below with my added notations:
JAH has a current level of resistance at $46 (red). The stock also
has a common lower level at $44 (blue) that has previously acted as
support and resistance. Below those levels you can see that $42 (teal)
had been a key area of support. So, in addition to showing clear levels
of support/resistance, JAH is also showing you that it tends to react to
each $2 increment.
The Tale of the Tape: JAH is currently trading
between its $44 and $46 levels. A long position could be entered at $44
or on a break above $46 with a stop placed below the level of entry. If
JAH breaks below $44, another long play could be made at $42.
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