Friday, December 4, 2015

Jumbo: Short term uptrend intact?

Pulling away from the 0.400 psychological level….. now at 0.435… J More upside?

Sent: Thursday, December 03, 2015 2:09 PM
Subject: ********** Jumbo: potential upside above 0.42 now.... price 0.42
From previous call, we are still seeing some actions for Jumbo with strong buy ups seen on any slight dips. Seems to have found a support at the 0.39 level with range lifted up for now. Clearing of the  0.42 level can see more upside with target to 0.44 first as mentioned previously. Volume picking up again with huge buy ups seen at 0.42.

Sent: Monday, November 30, 2015 11:54 AM
Subject: ********* Jumbo: Potential breakout above 0.400 can offer more upside, price 0.405
Seems like are seeing some actions again on strong volume as it attempt to stage a breakout above the 0.400 psychological resistance level. Staying and closing above now can be more confirmation with target price to 0.44 then 0.50 as mentioned previously. Top 5 volume seen today on this move.

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