• Return to Headlines

Next Resistance Level for John Hancock Investors Trust (JHI) is $21.35

Written on Mon, 06/28/2010 - 9:29am
By Chip Brian

SmarTrend has detected shares of John Hancock Investors Trust (NYSE:JHI) have bullishly opened above the pivot of $21.10 today and have reached the first resistance level of $21.21.
We are watching for a cross of the next upside pivot targets of $21.35 and $21.60. Also, the shares are currently trading above the 50-day moving average of $20.61 and above the 200-day moving average of $19.00.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of John Hancock Investors Trust on December 28, 2009 at $18.57. Since the call, the stock has risen 14.5%.

Keywords: john hancock investors trust pivot points

Ticker(s): JHI

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.