showstopper

JMEI breakout of the wedge in the making?

Long
NYSE:JMEI   None
0
Lower level of bollinger band, tightening of the wedge means a breakout possible really soon. Price action over 28.5 could make things interesting for Jmei. Also at a well defined support @28. Very good chance of a reversal of price action at these levels. Initial target 31.

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