Jabil (JBL) is gaining more than 5% today following an analyst upgrade, adding momentum to an already improving technical picture. The stock has rebounded strongly from its late-July lows and has now moved back above its 8-, 21- and 55-day EMAs. The PPO has crossed bullishly with an expanding positive histogram, while +DI has moved above -DI, showing buyers gaining control.

Relative strength versus the S&P 500 is also improving. JBL is approaching resistance near $362, making that an important level to watch. A sustained move above this area could open the door toward the $380–$384 resistance zone and provide a potential opportunity for calls.
Wishing you the best,
Wendy

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