Technically, JXT looks pretty good. Broke out of long-term falling/descending wedge pattern after finding support at 16 and started new uptrend. For those wanting to enter this, 0.25 and 0.275 would probably be where I would enter bids and they also happen to be important Fibonacci retracement zones. Every time RSI has been at these levels a good pullback has come shortly after. Could also enter a bid at that lower support/trend line and see if you get lucky. It may be considered high buying here for those wanting to top up also and I would wait for a better entry if I already had a parcel in this and wanted more.
JXT Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held
