Shares of Halliburton Company (NYSE:HAL) are hammering on the $46.00 level for the 5th time in the last few months. The likelihood of a breakout is strongly increasing as an inverse head and shoulder pattern has formed. Should Halliburton Company breach $46.00 on a daily closing basis, the stock will likely trade to $50.00 (the target of the head and shoulder pattern). Keep this on your watch list in the coming days.

Today, leading electronic manufacturing services and solutions company, Jabil Inc (NYSE:JBL), is failing to participate in the broad based market rally. JBL stock is declining lower by 0.45 cents to $27.42 a share. Last week, Jabil Inc reported earnings, but that did not help the stock price. Shares of JBL have been under pressure since September 19, 2017 when the stock traded as high as $31.60 a share. 

Traders should note that JBL stock is now trading below its important 50 and 200-day moving averages. This puts the stock in a weak technical position on the charts. The next major support level for JBL will now be around the $26.25 level. This important area is where the stock broke out in March 2017. Often, equities that are declining will be defended around their prior break-out levels. I will be looking to play JBL soon, so watch this level.

Point Roberts, WA – December 15, 2017 - Investorideas.com, a leader in Blockchain content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.comand Blockchaininvestorideas.comreports on recent events and funding in the sector.

According to Research and Marketsthe Global Blockchain market is estimated to reach $6,076.6M by 2023, and expected to grow at a CAGR of 48.37% during the forecast period. The North American region is dominating the global Blockchain market.

Money is flowing into the sector as the global potential is being recognized. At the recent Blockchain Expo in Santa Clara, the technology was positioned as ‘revolutionizing the world economy’.

Read this news in full and see images at http://www.investorideas.com/news/2017/bitcoin/12151Blockchain-Stocks.asp

Companies Mentioned: IBM ( $IBM), Walmart ($WMT), SinglePoint, Inc (OTC:  $SING)

Point Roberts, WA – December 14, 2017- Investorideas.com, a leader in Blockchain content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.comand Blockchaininvestorideas.comreports on the recently held Blockchain Expo in Santa Clara.

Read this news in full and see images at http://www.investorideas.com/news/2017/bitcoin/12141BlockchainExpo.asp

Blockchain Expo attracted more than 3000 people across key industries for two days of world-class content from leading brands embracing and developing cutting edge Blockchain technologies. https://blockchain-expo.com/northamerica/