markrivest

JJC Update 12/19/16

Short
AMEX:JJC   None
12
JJC appears to have just completed a Elliott wave series of "Ones" and "Twos" and is probably now in a powerful third wave down. MACD has decisively turned down and is still above the zero line. Near term high probability of lower prices. Minimum downside target is 22.00 bottom made last January. It may reach this target in about 6 or 7 weeks.

Mark

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.