Bullish potential detected for JMSDetected 10-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 10-May.
ASX:JMS represents a potential bullish opportunity should momentum continue and newer highs be made.
Entry conditions:
(i) higher share price along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the low of 30th April (i.e.: below $0.31), or
(i) below the support level from the low of 6th May (i.e.: below $0.285), or
(i) below the support level from the low of 16th April (i.e.: below $0.27), depending on risk tolerance.