Marty386

JRV Trend channel

Long
Marty386 Updated   
ASX:JRV   JERVOIS GLOBAL LIMITED
JV currently following a nice trend, broke out a few days ago but retreated back into the channel. Expect it to move sideways for a couple more days before moving into the 17-19c range. Good hold with decent FA to back it, has a tight register.
Trade active:
JRV approaching upper channel line once more, decision time looming, 17.5c and above and if volume arrives could go on to test 20c.
Comment:
JRV still peppering 17c, with narrowing lower range. Next week should be interesting. If a break above 17c comes should follow through.
Comment:
JRV sitting at the top of the trend channel and also at all time high. Could be a decent move next week.
Comment:
Nice breakout today, very good volume, could be the real deal.
Comment:
JRV continuing to show good strength. Tight register and good FA driving the price rise, should continue

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