Monday, November 4, 2013
Jubilee (technical)
Jubilee: See a higher probability of a near term rise, after the bounce of the triple bottom support at ~$0.17. The Stochastics is oversold, and appears poised for a positive reversal. RSI is also starting to revert back on its uptrend; would see it as an added positive confirmation if RSI pips above its neutral 50 level ahead. Watch for the break out above $0.19 resistance, which could pave the way for further upside to the next level at $0.22.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment