JAT 2.70% 76.0¢ jatcorp limited

Couple of interesting charts, I thought I'd post here and leave...

  1. 6,158 Posts.
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    Couple of interesting charts, I thought I'd post here and leave the text.

    Yesterday also I did observe supply thinning somewhat and there were a lot of orders around the 38.2% fib mark, so perhaps a bounce off current levels?

    ….Eventually a potential Cup and Handle in prospect?

    We will see

    All Credit to posters @Cabbie and @ValueTracker respectively

    https://hotcopper.com.au/posts/37217128/single

    "Watching this latest retrace as it approaches that cluster area around the 38.2% fib, could be an overshoot expected as per the circled area to the left"​


    jat1.png








    "....perhaps a cup and handle at play on the chart? not perfect but looks ok --over a lengthy time frame ,also in a uptrend ,and volume! "​


    jat2.jpg
 
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