JKA 0.00% 0.3¢ jacka resources limited

The Picture continues to look good as we build towards a Break...

  1. 552 Posts.
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    The Picture continues to look good as we build towards a Break out.

    Accumulation has been obvious over the past few months with the stock being managed and traded in a very tight price band between 13 and 17 cents.

    Daily chart shows how the stock has constantly bounced off the 195 emas, and has formed a massive cup and handle pattern on the charts.
    This pattern has been forming for well over a year therefore a break should lead to some serious price gains, with the first target being 27 cents.

    If it can poke its head up into the high teens and close there - then i think we are well on the way to achieving the re-rating that this stock deserves.

    Keep Watching - Its gonna happen!



 
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Currently unlisted public company.

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