In addition to Sketchingdan's daily chart, here the updated w1 chart (every candle represents 1 week), which shows there are 5 resistance points in the vicinity (in this order):
1) the 38.2 fib (which held on 2 previous occasions)
2) the $17.00 mark (representing a previous high late 2008)
3) bottom trendline of a downward channel
4) bottom trendline of a longterm upward channel
5) the 200 exponential moving average (purple line)
Take your pick.
I know I have been bullish on JBH since mid-March with no real breakthrough to show for it, but with this much support right underneath the current price I can't help expect a reversal in the very near future. What does sometines happen with stocks that have been sold off for a while, is that the lowest support (within a cluster of support points) is the one that holds.
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Cheers
Hans
w1 chart update, page-16
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Last
$63.83 |
Change
0.850(1.35%) |
Mkt cap ! $6.885B |
Open | High | Low | Value | Volume |
$63.13 | $64.06 | $63.07 | $2.416M | 37.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20 | $63.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$63.88 | 96 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 61 | 63.480 |
2 | 16 | 63.470 |
2 | 8 | 63.460 |
3 | 37 | 63.450 |
1 | 7 | 63.430 |
Price($) | Vol. | No. |
---|---|---|
63.550 | 49 | 2 |
63.560 | 74 | 4 |
63.570 | 13 | 1 |
63.580 | 56 | 2 |
63.590 | 46 | 3 |
Last trade - 10.22am 10/07/2024 (20 minute delay) ? |
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