Another big disappointment for the JUNO community today. The latest in a string of major failures for the chain stemming back to early 2022. A single poorly coded app was able to affect the entire ecosystem and almost knocked it off line. I think JUNO will make new lows even while BTC, ATOM, and the rest of the crypto market do not.
Broadening wedge and cup & handle patterns pointing to bullish continuation.
JUNO is a biotech stock setting up for a move to highs over this flag. the 9ema is acting as a solid support we are having a strong day so far trending intraday. We could see a break of 45s soon.
Some price targets (to remind me, really), as the JPM conference happens this week.
JPM conference presentation this week. If it's good, or if $KITE is good, this will move.
Assuming it doesn't falter (which I doubt), a gap trade exists for longs with good R/Rs.
Juno looks poised to go with its nice base, would like to see more volume, but this is worth a look. Took base of cup and projected it out for target. Options weak would look at stock purchase
Price recovering after slump post IPO. ER coming up 2/25. Waaching fib levels