JRV have been trading in channel over the past few weeks. The recent topside break was rejected and the momentum has now reset raising the probability of a second test of the upper channel boundary. Target for this move would be 25%. Upon failure a flag is likely to form increasing target. Based on this I perceive this to be a low risk entry
Weekly shows a strong channel has formed on ASX:JRV , overall scandium, cobalt and nickel sectors are bullish. Likely to test channel tops in coming weeks
