PSE Ticker

Friday, January 31, 2014

JFC: Where are we going?

JFC fell with -3.2% from the previous day. Currently on a downtrend, JFC may hit the 100% Fibonacci retracement anytime soon. If you observe the volume, the number of sellers are really want to dispose this stock. With RSI at 30.96, we can expect that there will a chance that we'll have a reversal as we approach the 147 price of this stock.

Note that there is a gap down near 78.6 fibo. We can assume that we'll experience a gap up to seal it.

Good luck!


No comments:

Post a Comment