Are we seeing it happen? Top 5 volume seen currently….
Jumbo has traded near the 0.400 psychological resistance last week before some profit taking on market weakness and rebounding from temp support at 0.35. A bullish hammer candlestick pattern spotted yesterday with strong buy ups at day end. Today, we have seen a breakout above yesterday’s day high of 0.37 on top 5 volume. Likely to see it head back to the 0.400 KEY resistance again where we can see it attempt a breakout. Any move above can pave the way to 0.500 in the short term as it finds a new consolidation phase again.