JBH 0.76% $61.21 jb hi-fi limited

yeah im thinking that at some point that big 'gap' should be...

  1. 1,201 Posts.
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    yeah im thinking that at some point that big 'gap' should be filled; All retail stocks mostly down atm due to stimulus ending.

    price behaviour other day suggested that 19.10 would be the bottom for now or the bottom of the down move range, so maybe itll be retested??

    Who knows, 19.10-19.70 seems like a new range formation, but that 'GAP' at 19.70 must be filled right??

    Oversold as u said with MAs crossed, and having crossed the major down move suggested to me that thats as low as its gonna get UNLESS theres a major correction in which case 18.70-90 provides support, but i only see it going to 18.70-80-90 on a cizeable correction. if no correction i think 19.10-19.70 is a new range, with the gap closing at some stage setting the absolute top of the new range

    i could be wrong, just a gut feel on the price action and chart
 
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