Jabil Circuit Inc. (JBL) is now in a breakout zone

Jabil Circuit Inc. (NYSE: JBL) are likely to gain further momentum on Wednesday, following a better-than-expected results for its fiscal fourth quarter ended August 31 and guidance for next quarter. For Q4, the contract electronics manufacturer Jabil (JBL) posted revenue of $2.8 billion, with core EPS of 16 cents a share. JBL is now in a breakout zone on strong volumes, and is likely to find higher levels.