Trad3r_16

Jubilee - Underperforming the rest of the sector?

Long
JSE:JBL   JUBILEE METALS GROUP PLC
Jubilee Platinum is lagging the rest of the sector. We have seen good moves in stocks like Impala and Amplats, but Jubilee is still trading close to its lows.
I think at current levels and trading near the bottom of the range of the blue TL, this one is worth a punt. First hurdle will be the downward yellow TL, and thereafter we need to see a close above 2.70. Stop loss is a close below 2.09.
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