ENTRY: 8.92 SL: 8.46 TP1: 9.37 TP2: 9.65 - ADX>20 - Daily RS +ve - Daily FFI -ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned - Breakout on 22 Apr 2022 but pullback to 20EMA. - Entry based on >2% rebound off 20EMA with volume
Entry: 9.22 Stop loss: 8.82 Went long in the counter after it broke out of all time high supported by above average volume. Would have preferred a better close though.
JLG showing a buy signal again on the SuperTrend. Its been such a consistent performer for years and after a recent pullback looks to be continuing its run. Worth a watch.
Text me if you have any questions/comments for me. ----- JLG - First time doing a written analysis on JLG - During the 17 Oct Facebook livestream, I suggested waiting for the stock to successfully breakout - Stock has since broken out, but the price action is not accompanied with high trading volume - If you didn’t catch the stock before this, there isn’t any...
John Lyng is an old favourite in the building industry. Now it is through that resistance area, could have a bit of momentum behind it looking at some of the other indicators. Nice couple of breaks on the bollinger with volume. Could be worth a watch.
JLG provides building and restoration services in Australia and has been having a great run since late 2018 where its price has risen steadily by around 200%. It has had a couple of recent pullbacks but looks like it could be resuming its run with good volume, an RSI showing value, and we can see interest in the stock is higher than normal. Could be worth a...
super chart, the pressure is... upwards. Stock is prone to shakeouts be the only warning I can see. Looks toight tight like a tiger. Launch.
Nice chart structure but underwhelming volume. Im keeping an eye on it.