jppower looks bullish in medium to long term.

in longer time frame, it was in long term downtrend, then inverted Head and Shoulder formed in weekly, breakout done with good volume, after a pullback, it reversed and moving up now.

sl - 5, tgt1 - 8.3, tgt2 - 9.3.

Also there is a good probability for round bottom, after the formation on Inv H&S(classic reversal pattern) at the bottom.

tgts for round bottom - 14, 20, 26. (it is strictly long term tgts).

Trade aktif:

price at neck line support