GJ & Crew,
Heres my take on JPR The Daily looks like it will come off to 6.3/5.9 at the most, that will then look to bounce off the Dema 54 wich they tend to do just after they go through it.imo
The Over All bottom Fib is at 6.3 Daily & Weekly with the Weekly 200d sma at 6c so I'd expect a bounce off that.
The Weekly Inds are Bullish so as I said a small pull back till the Daily sorts its self out..imo
Both Daily & Weekly Ma's are about to cross but this one just got a bit of a head of its inds imo.
Also note the Volume increase.
Cheers Pete
Daily
Weekly
