Jubilee plc on the riseJubilee has been trading low but with demand in Platinum it has been able to rise.Jubile currently trading at R3.30 has to pass that resistance level at R6.70 to be able to reach its A.T.H at around R16.Longby clive5281
Long on $JBLSo I missed this trade and it ran really hard. Time to sit idle until a pullback to the 300c. Sitting and doing nothing is part of this gameLongby AcolyteTrader0
Jubilee Metals Jubilee Metals has seen steady increases since reporting their earnings back in November. Uptrend support line has been respected until post mid Jan. This was a heavy dip but had a decent rebound yesterday. Seeing the trajectory and formation of this dip, could be signs of a short term trend change. It would take a few more 8% + consistent daily movements to put the price back above support line. Taking a step back and having a broader view, Jubilee Metals has been in a gradual up trend for a few year now with trade volumes increase significantly from last year November.Longby AfroTez1
Jubilee Metals Analysis: Incoming price correction (Dec 2020)I made reference to Jubilee Metals in my analysis titled 'Why Precious metals streaming and royalty companies make sense' as a "...speculative play in precious metals scrap recovery/conversion to sellable products". This company is on my watchlist for so many reasons, chief of which are: - From fundamental perspective, the Kabwe mining license (Zambia) extension in September 2020 is good for the share prices. This is the latest in a series of good news for the company since the restarting of operations in South Africa (April 2020). - From the monthly chart, prices are at rock bottom from the alt time high, and starting to incrementally climb back up. This presents great opportunity for value-investors. As at today, 27 Nov 2020, price has formed a structure level (8.50 - 8.80 zone). As reflected at this level, MACD cross-over is about to occur. Analysis of historical price behavior at such MACD level reveal the following: - 06 Mar 2017 - 19 May 2017: 40.88% price drop - 04 Aug 2015 - 10 Sep 2015: 49% price drop - 14 Sep 2012 - 04 Dec 2012: 44.5% price drop - 04 Feb 2004 - 25 Feb 2004: 20.59% price drop - 23 Sep 2003 - 17 Oct 2003: 31.58% price drop The average drop using the limited sample size above is 37.31% drop in price (based solely on random MACD behaviour from the level attained on 27 Nov 2020). Therefore, we can conservatively expect a price drop of around 20-30% going into December 2020. Furthermore, it is a sound assumption that investors might start to take some profits off the table as we approach December holiday season. This will further put pressure on the price of the stock. In my opinion, this a great opportunity for those who have been sitting on the sidelines with cash to get in at a good price after the expected price drop. Longby aderoy3
JLPInfo only, not advice. Excellent uptrend. Wait for consolidation and price drop before pumping up to target levelLongby tdbeva0
JBLStepping back reviewing the monthly chart, we note the price is the early stages of a multi-year base breakout. The 14-month RSI is strong, trading above the 70 level. This chart forms part of a larger research note. It should not be considered as financial advice. Longby LD_Perspectives1
Double Top?Just an observation, looks like a double top, could also be a continuation within the channel, seems over extended for now. Shortby hedgefun2
Kijun Bounce!It looks like we are bouncing off the kijun zone (yellow). This zone was an important support back in 2017 and it seems to be still a good support zone. If my thesis is correct we should rally to around 89-90 and then drop again from the double top formation. Entry 75 SL: 69 TP: 89 ( SSB Level) RR: 2.33 Manage that risk appropriately!!Longby taftraderUpdated 6
Jubilee Metals - Speculative longJubilee Metals has corrected lower in recent weeks to retest the breakout level of 2.80p and slightly below this at the 61.8% Fibonacci support level. The large reversal today is an encouraging sign which the shares set to close above the 10EMA. It’s also been noted that trading volume has been consistently above 50k for the past 90 days. It looks an interesting level to accumulate. Target: 3.74p Stop: 2.55p Longby InvestamateUpdated 2
JBL - Jubilee weekly chart Bullish flag patternJBL - initially broke out of a 12 month box consolidation pattern back in April 2019, It has then gone on to form a 5 month bullish flag that has now also broken out to the upside. RR: 1:3+Longby T2TWELL3
3.35p / 3.53p target slice - 2.30p - 2.50p possible entry LONGWe might not have much of a retrace but I tend to go for the best entry possible, target looks conservative but always best to play it safe & slice never hurts. Miton Group have been loading up on shares recently. 2.30p ideal entry if not below it at 2.05p so expose wisely. Positives: Great asset - Sable Zinc Kabwe Project - The Project targets to produce annually over 8 000 tonnes of zinc, 1 500 tonnes of vanadium and 15 000 tonnes of lead as it ramps up to full capacity over a 2-year period. Cashed up as placing was done at 2.25p just a week or so ago Negatives: Be aware that there is a secured convertible loan note of GBP6.11 million attached to the project Colin Bird is within the BoD CLN's: At any time that the loan is outstanding, ACAM may at its absolute discretion, by conversion notice, elect to convert the loan and all accrued but unpaid interest into 5 per cent unsecured convertible loan notes with a conversion price of 2.81 pence (ZAR 53.98 cents) ("Subscription Price") and a maturity date which falls on the third anniversary of the Closing Date. During the loan period, Jubilee may notify ACAM of its intention to prepay the whole of the loan balance by prepayment notice. On the date of any prepayment Jubilee will issue warrants to ACAM to a value equal to 50 per cent of the amount of the loan and all accrued but unpaid interest thereon divided by the Subscription Price. Longby vcm11Updated 3
JLP (AIM) - JUBILEE PLATINUM PLCI don't usually trade AIM stocks, however, this one looks promising. Price has been decling over the last few weeks after a massive drive up from 4.5 area to 7.5. We've seen a decent outside day on Friday which could be the start of another drive north with a target of 7.5. I will wait until the market opens, if price opens above last weeks high of 5.282 I will enter a long position with my stop at 4p. If price opens below I will look to enter around the 4.7 area. Longby FollowMyTradesUpdated 3
#JLP cup and handle breakoutCup and handle breakout in play, targeting 6.1p extensionLongby Zzzzzzzzzzzz122
Watch for the break - JLPStill in a consistent, long term trading range. Watching for the confirmed break upwards from 3.7p (will need hi volume to break 4p). Holding above the 200MA more recently which is keeping things tighter. Wait for now. LSE:JLPby Aimraider1
JLP - Go LongJLP has seen regular bounces from this very level and has so far traded within a habitual range. This level is the bottom of that very range, with signs of support yesterday and today's session so far.Longby AimraiderUpdated 115