First To Go

When the order-flow begins to slow, outsource is the first to go.
Jabil (JBL) is an outsource for electronics related manufacturing.
With about 138,000 employees, it’s big.
Response to the latest earnings, has kicked off what looks like a reversal and now, a breakdown (not advice, not a recommendation).
Jabil JBL, Daily

After the deep thrust lower on earnings, JBL retraced to 50% before rolling over.
Stay Tuned
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