JLG has been an exceptional performer, rising consistently since the end of 2018. Price has held above the current uptrend line since the start of 2021 and having fallen back to that line and moved up a little last week, I have no reason to think this stock will not continue to perform as it has to date. A possible long-term hold.

JLG 11Feb22

3 September 2021

JLG is just a great trending stock - an ideal candidate for a long-term portfolio. Price has risen some 500% over the past couple of years and after a recent 18% fall back to trend (something that happens to all stocks) With price generally making higher weekly troughs and peaks in an uptrend it was considered a buying opportunity when price moved up from trend last week.

JLG 3Sept21

Contact

Robert Norman

Phone: 0428 346 951
Email: robert@sharecharting.com.au

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