Chart courtesy of stockcharts

Shares of Joy Global closed down more than 4% to $42.93 after company reported their earnings that miss Wall Street expectations. Company reports Q3 earnings of $0.66 per share, $0.03 worse than estimates consensus of $0.69; revenues rose 5.4% year/year to $621.8 mln vs the $662.4 mln consensus. Stock reacted negatively to this news and looking to the chart above stock have rested again 42$ mark. RSI are still showing lack of investor confidence to buy shares of Joy Global at this levels, so pay attention for a possible breadown of $42.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.