Tuesday, January 31, 2017

Japfa: Pushing higher after note, price 1.045, is the upside still on?

Today, we have seen Japfa break the temp 1.03 resistance as mentioned and hitting a wall of sellers at 1.05 now.

Had a few calls last week when we saw some actions near 1.00.

And more buy ups as we began this week...

We are seeing some profit taking and likely some consolidation from 1.02 to 1.05 now.

With 1.05 clearing out, is it a good chance to test 1.10 next?

Momentum indicator looking positive on this move still. 

PTI grads can check if we actually had an Bullish Entry signal on the system (Hint Hint) ?


Recent Emails:

Sent: Wednesday, January 25, 2017 9:06 AM
Subject: ****** Japfa: Attempting a move above 1.00, may be a next upwards phase, price 1.005

Sent: Thursday, December 08, 2016 11:32 AM
Subject: ****** Japfa: More upside before some profit taking near 1.00 for now, price 0.955

Sent: Wednesday, December 07, 2016 3:03 PM
Subject: ******* Japfa: A firm rebound from the 0.88 level indeed, can be heading back to 1.00... price 0.93

For illustration purpose only

Sent: Wednesday, November 30, 2016 11:42 AM
Subject: ******** Japfa: Back to resistance turned support, price 0.91, a rebound or break down? An Bullish EXIT seen previously

For illustration purpose only

Sent: Thursday, November 10, 2016 10:25 AM
Subject: ******* Japfa: Target hit, seeing some profit taking as mentioned, Price 0.985 - Buy signal 2 weeks back has NO EXITS yet fyi, see what I mean
For illustration purpose only

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