ARE WE GOING TO SEE A BIG DOWN MOVE IN JUBLFOOD ??!!!

Chart suggests me the above opinion.

Few reasons for my opinion:

1.Major bearish flag pattern is seen.
2.Given BREAKDOWN with volume.
3.Head and Shoulders pattern forming ??!!

Now its looking like retracement (Broad market is in bullish mode!).

whatever so, Our saviour Stoploss must be day closing above the short yellow horizontal line!!

As usual, Let's Wait and Watch!!!

Note: Just for knowledge....neither a tip nor advice!!

Kommentar:

2 hr bearish flag breakdown again...awaiting next big move!!!

Trade geschlossen: Ziel wurde erreicht

Trade ist aktiv:

NEXT MOVE
can reach 440 level...
1st target 490
SL - Day candle closing above 544

Kommentar:

See the related ideas below for the continuation!!!