What makes you say "... breakout we needed"? That is a very misguided statement.
Based on the daily charts I doubt a breakout will occur this week let alone today. Rather, we'll continue to see a steady base build whilst honouring the upward trend channel that has now formed. Such a development will be much more beneficial to longer term share prosperity than short term breakouts.
Daily share price still sits below the 10MA and MACD remains below the signal line. These are the times to accumulate and build your position for the longer term fundamentals and technical to play out.
JAT
jatcorp limited
Add to My Watchlist
0.00%
!
14.0¢
JAT chart (Only), page-169
-
Top Stories
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
