Bullish potential detected for JMS

Detected 10-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 10-May.

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.

Trade active:

UPDATE (week ending 17-May): Trade activated on 13th May and then maintained itself throughout the week, with the share price closing above both 10 and 30 day moving averages at the end of the week. Consider raising the stop loss for the trade to just beneath the gap-up on 13th May in order to keep the trade to a scratch in the event that the trade completely turns around unexpectedly.

Trade active:

UPDATE (week ending 24-May): Share price closed at the end of the week between the 10 and 30 day MA's. Conservative stop loss at the end of last week would've been broken for those deciding to take that avenue - for those remaining in the trade due to personal preferences, observe market reaction to the potential support level offered from the open of 30th April ($0.31).