JE Broke Out! What’s Next?
That was a great early morning pump, especially if you came in when I made my first post at sub-$7 a few days ago. My apologies for getting ahead of myself with the uber-high levels in first post (I guess for the future lol), still new to this but let's learn and profit along the way.
We've tested and broke past $9.75 resistance earlier this morning. Stock is expected to rest at either high or low of the resulting morning gap-up before continuing our upward momentum. From session high, we have come down and are testing the 9 SMA on hourly(purple line on chart). JE likes to test and break out from this SMA.
Current Key Levels
Resistance #1 $9.75
Resistance #2 $10.30
Resistance #3 $11.39
Resistance #4 $12.50
Support #1 $8.00
Support #2 $7.54
NOTE: These prices are on TSX listed JE.
This is NOT a recommendation or solicitation to invest. I may or may not have an interest in this stock. Invest at your own risk. Do your own research. Manage your risk, cut your losers and push your winners.
We've tested and broke past $9.75 resistance earlier this morning. Stock is expected to rest at either high or low of the resulting morning gap-up before continuing our upward momentum. From session high, we have come down and are testing the 9 SMA on hourly(purple line on chart). JE likes to test and break out from this SMA.
Current Key Levels
Resistance #1 $9.75
Resistance #2 $10.30
Resistance #3 $11.39
Resistance #4 $12.50
Support #1 $8.00
Support #2 $7.54
NOTE: These prices are on TSX listed JE.
This is NOT a recommendation or solicitation to invest. I may or may not have an interest in this stock. Invest at your own risk. Do your own research. Manage your risk, cut your losers and push your winners.
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