Londoner, had a quick look at JPR for you;
thoughts:
1. i am not sure of validity of p/f analysis to these shares that jump around under 10c ... not my market segment but here goes...
2. price moving withing green u/t p/f and may have entered the pink d/t
3. for anyone following t91's explaintion of pivot zones (& my observation in Post #: 332471) interestingly the green p/f meets the test I proposed of, "firstly testing support tine and then hitting the med tine within "the pivot" ... I wonder if the rest of my thought in that post will come true ... "then you have a fairly solid p/f; one to be trusted and traded!!" If this right then chances of validity of green p/f increased;
4. A break of the pink p/f Trigger line shown could be percieved as very very bullish and price might be running up to green med line in 10-11 c range and if it does not get paused there up to res tine at about 15+ cents
Interesting chart; will watch to see what happens!
welcome feedback.
GJ
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