Jubilee (technical)

Jubilee: the stock remains supported by the gradually rising 200day moving average, which is a positive signal for a longer term trend. With the key indicators ticking back up, the odds favor a rebound in the near term. Watch for a successful break above the $0.20 resistance, which may provide confirmation for the stock as a bullish breakout candidate to test the next resistance levels at $0.22 and $0.24. See stiff support at $0.17 (Jun trough).