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TOPIC: JLP - huge rise today!!!

JLP - huge rise today!!! 07 Mar 2017 07:57 #1

  • Trendfriend
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Morning Folks.

I bought some of these yesterday at 5.9p.
Remo could well be right here, this could see one more leg down if it does i will add.....but i think this should hold this area...between 5.5p and 6p imvho....my stop is currently below 4p.


This is what i see....(hopefully :blink: )
Looking the weekly chart...


jlpweekly7mar2017.PNG

5.70p is the 200 day ema line on the weekly ;) ideally that and the support at 5.45/5.5p should hold, and push on from here..

In terms of a mid to long term target. i think this could be the best case.
It currently in a trend channel,(resistance at 8p) if it can break abobe that channel a broadening triangle shows a best case of about 15p area.

jlpweeklytrendchannel7mar2016.PNG


atb, wdik, dyor
trendfriend :)
Last Edit: 07 Mar 2017 07:59 by Trendfriend.
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JLP - huge rise today!!! 02 Mar 2017 16:07 #2

  • remo
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charts always show how big the move really was :) :)
This is a penny share so is highly volatile. I would not chase this from this level but would wait for this to come back down to test its support at 5.45 or if your really patient then 4.7.
Just be careful with penny shares


dl.dropboxusercontent.com/u/4899609/jlp2ndmarch2017.png
Information Purposes Only, Do Your Own Research
remo
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JLP - huge rise today!!! 02 Mar 2017 15:37 #3

  • Paitech
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I hold this in huge numbers...but at an average of 20p...
This could be like next CEY or AMC or BEM...
Huge potential....will wait to buy some to average down...☺
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