Stock Of The Day: Is J.B. Hunt Heading Higher?
1. JBHT's Q1 earnings per share were $1.17, below the $1.19 expectation. 2. The stock is testing the critical $128 resistance level after previously being support. 3. Traders are closely monitoring recent highs and lows for potential profitability. 4. Selling pressure arises from traders who previously bought near the $128 level. 5. Breaking above $128 could indicate a shift towards buying momentum.