JUBILEE METALS GROUP PLC

JBL JSE

Lester_Davids

Stepping back reviewing the monthly chart, we note the price is the early stages of a multi-year base breakout. The 14-month RSI is strong, trading above the 70 level. This chart forms part of a larger research note. It should not be considered as financial advice.

hedgefun

Just an observation, looks like a double top, could also be a continuation within the channel, seems over extended for now.

Thera5050

signal shared 3 weeks ago. still holding

taftrader

It looks like we are bouncing off the kijun zone (yellow). This zone was an important support back in 2017 and it seems to be still a good support zone. If my thesis is correct we should rally to around 89-90 and then drop again from the double top formation. Entry 75 SL: 69 TP: 89 ( SSB Level) RR: 2.33 Manage that risk appropriately!!

T2TWELL

JBL - initially broke out of a 12 month box consolidation pattern back in April 2019, It has then gone on to form a 5 month bullish flag that has now also broken out to the upside. RR: 1:3+

Thera5050

JUBILEE positive outlook