JAT 1.28% 79.0¢ jatcorp limited

today, page-18

  1. 1,264 Posts.
    lightbulb Created with Sketch. 115
    You've completely missed my point, haven't you. I'm in the opposite camp to the uprampers. In fact, I don't see any significant price movement for some time yet. The daily chart shows vulnerability still; the price is approaching a critical point where the 200EMA is converging on the current price, and aligns with the 78.6% Fib retracement level. A bounce may be expected here, and would coincide with the end of June and hence tax loss selling. A cross of the MACD signal line is a catalyst to a potential share price rise again, but the weekly chart suggests it may be short term rise only.

  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add JAT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.