Remember there is always a bearish and a bullish count Here is the bullish version predicting JFU to reach ATH summer 2022
Net Buy Price: $1,082.30 Buy Commission: $0.00 Net Sell Price: $3,253.75 Sell Commission: $0.00 Profit / Loss: $2,171.45 Return On Investment: 200.63% Break-Even Share Price: $1.58
Bullish situation would be a close above $3.30, a more likely case would be for price to maintain $2.83, may take a position in this next week if it holds the .236 fib
What do you think? Just broked up H&S and ready to meet next resistance.
This is not advise or for instruction. Sharing my chart on JFU to share my thoughts on how I would currently trade JFU Thanks for checking it out.
Should be getting some more bullish momentum starting next week. MACD crossover about to happen on weekly. Volume has picked up a good bit this week. Likely bottom is in. Not taking much risk on this one with huge gain potential.