JD Sports Up Another 12 points

Last post: June 21st. See chart.

Review: Price was approaching the resistance level .

Update: Price is still on its way to target the resistance level .

Conclusion: We continue to wait and see if price can break through resistance and leave the consolidation zone.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading
what do you think the out come with be now we have hit the resistance line? massive drop or slowly rise?
Sublime_Trading businesswithollie
Hi @businesswithollie, we tend not to use words like "think" as it makes trading more difficult than it needs to be. Trying to predict the market is not what we try and do here. We will simply wait until price makes its move. A break and close above resistance is our bias simply because this stock is bullish overall but currently in consolidation.
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