JOBST- the next upleg has started
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JOBST- the next upleg has started
Jobst has just broken above its all-time high at RM2.90. With this
upside breakout, Jobst's next upleg has started. If Jobst's current
move is equivalent to the distance between the recent low of RM2.10
& the breakout level of RM2.90, then the price target for the
current move would be RM3.70.
Based on technical breakout, Jobst could be a good trading BUY.
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Chart: JOBST's monthly chart as at Apr 26, 2013_11.50am (Source: Quickcharts)
Note:
In
addition to the disclaimer in the preamble to my blog, I hereby confirm
that I do not have any relevant interest in, or any interest in the
acquisition or disposal of, JOBST.
Author: Alex Lu
upside breakout, Jobst's next upleg has started. If Jobst's current
move is equivalent to the distance between the recent low of RM2.10
& the breakout level of RM2.90, then the price target for the
current move would be RM3.70.
Based on technical breakout, Jobst could be a good trading BUY.
[You must be registered and logged in to see this image.]
Chart: JOBST's monthly chart as at Apr 26, 2013_11.50am (Source: Quickcharts)
Note:
In
addition to the disclaimer in the preamble to my blog, I hereby confirm
that I do not have any relevant interest in, or any interest in the
acquisition or disposal of, JOBST.
Author: Alex Lu
hlk- Moderator
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Re: JOBST- the next upleg has started
he based it up upside 50% , we need to see the movement
Cals- Administrator
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Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
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