Grab a daily for JMS. It that a breakout to the upside from a descending triangle or am I going blind?
OK - baseline 33c hit twice on 20/12 and 4/1. Descending upper trendline hit twice on 28/12 and 12/1.
Lets see - orthodox target is 42.5 - 33 =9.5 + 36.5 = 46 cents.
It looks pretty neat. Almost a textbook example. Of course a much more bullish interpretaion would be to construe the triangle as a flat sided or irregular pennant. Price target would be considerably higher.
Grab a daily for JMS. It that a breakout to the upside from a...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $323.5M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.3¢ | 16.0¢ | $911.5K | 5.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1011047 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/02/2025 (20 minute delay) ? |
| JMS (ASX) Chart |