Stock Of The Day: Jacobs Solutions Plunges — Where Could The Slide Finally Stop?
Jacobs Solutions Inc. (NYSE:J) is quiet on Friday. That wasn't the case on Thursday as the stock dropped almost 11% after posting earnings.But it may have found a bottom. That's why our team of technical analysts has made it our Stock of the Day.Support levels are prices or narrow price ranges where a large number of shares are available to buy. If a stock or market is headed lower, it's because there isn't enough demand to absorb the supply.Sellers need to offer their shares at a discount, and this could f ...