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SmarTrend Watching for Potential Pullback in Shares of Jones Lang Lasal After 1.77% Gain

Mar 06, 2018 (SmarTrend(R) News Watch via COMTEX) --

Jones Lang Lasal (NYSE:JLL) traded in a range yesterday that spanned from a low of $164.76 to a high of $167.17. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $164.74 on volume of 77,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Over the past year, Jones Lang Lasal has traded in a range of $86.62 to $167.17 and is now at $166.84, 93% above that low. The 200-day and 50-day moving averages have moved 0.83% lower and 0.74% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Jones Lang Lasal on February 14th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $156.32. Since that recommendation, shares of Jones Lang Lasal have risen 4.9%. We continue to monitor JLL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at


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