Revenues were $3.14 billion, which easily surpassed the $3.00 billion estimate. EPS also cruised past estimates, $1.88 vs. $1.77. The gap higher cleared price resistance with regard to the ascending triangle and volume was massive and confirmed the breakout. The measurement is roughly 28 bucks, so the target can be calculated by adding this measurement to the breakout level at 183. That would suggest a target of slightly more than
210. It's also worth pointing out that JBHT's best quarter historically, by far, is Q4. It's averaged gaining 7% during Q4 over the past decade. November's 4.1% gain ranks as JBHT's best calendar month performance over the past decade as well.
