JFTECH
Theme: Tech
Rst: 1.69
Spp: 1.48
As the stock continued to face resistance at Fibo Ext 50%, there’s still further space to retrace towards its multiple supporting point at 1.48 (MA50 + Fibo Ext first tier), nothing enticing now to ride this. Any chance of rebound will be shortlived since downward trendline has emerged.
Theme: Tech
Rst: 1.69
Spp: 1.48
As the stock continued to face resistance at Fibo Ext 50%, there’s still further space to retrace towards its multiple supporting point at 1.48 (MA50 + Fibo Ext first tier), nothing enticing now to ride this. Any chance of rebound will be shortlived since downward trendline has emerged.