See link below for previous analysis.
It been 9 months since I last covered Jubilee and the stock has invalidated the five wave impulse outlook by breaking below 128.
For an impulse, wave (4) cannot terminate within the price territory of wave (1) and ideally should not even retrace back into it.
This leaves me with an alternative view that the bigger pattern could be a leading diagonal though it is not the right look as the move from 37cps to 426cps is very large.
With all the uncertainty and the trend still very much to the downside I am now bearish.
It been 9 months since I last covered Jubilee and the stock has invalidated the five wave impulse outlook by breaking below 128.
For an impulse, wave (4) cannot terminate within the price territory of wave (1) and ideally should not even retrace back into it.
This leaves me with an alternative view that the bigger pattern could be a leading diagonal though it is not the right look as the move from 37cps to 426cps is very large.
With all the uncertainty and the trend still very much to the downside I am now bearish.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.