Wednesday, August 14, 2013

Jarden Corp (NYSE: JAH)

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:
1-year chart of JAH (Jarden Corporation) 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.
Please share this article

No comments:

Post a Comment