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Markets United Kingdom Stocks Non-Energy Minerals Steel

JANGADA MINES PLC ORD GBP0.0004
LSE
GB Flag
JAN

JAN
JANGADA MINES PLC ORD GBP0.0004
GB Flag
LSE
 
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JAN Stock Chart

Ideas

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Possible 2.25p retrace entry - 3.81p target
JAN, 1W
JAN: Possible 2.25p retrace entry - 3.81p target

Looks like a 2.25p possible entry for a retrace 2.85p resistance but if broken above 3p then I can see easily a target of 3.81p before it takes a breather... I no longer hold this stock & sold at small loss. I will evaluate at some point once trend reversal is fully confirmed above 3.81p where it is 50% of the big retrace move.

Look for double bottom - good signals at moment for reversal
JAN, 1D
JAN: Look for double bottom - good signals at moment for reversal

Will look for a double bottom to do a bullish divergence before a stronger bounce. Quite oversold and should start building momentum very soon. news will also help to bring extra sentiment. some bullish divergences happening bit by bit as buying volume comes. a few MA's to break on the upside so it might take a while to adjust but eventually it should start...

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Profile

Sector: Non-Energy Minerals
Industry: Steel
Employees: 5
Jangada Mines PLC is an holding company, which engages in the exploration and development of PGM mining assets in Brazil. It focuses on its Pedra Branca PGM project located in Northeastern Brazil. The company was founded on June 30, 2015 and is headquartered in London, the United Kingdom.

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