elroytrader1

LON:JD. (JD Sports) bull target

Panjang
LSE:JD.   JD SPORTS FASHION PLC ORD GBP0.0005
jd
When will this excellent stock ever stop. The Brexit pullback created a bull flag which is now completed, and so a projection can be extended to around 380p. When the pre-Brexit top is taken as a 100% fib, the 161.8% extension reaches the same figure, giving two technical indicators to the same target.

Note that the recent ramp has also formed a small bull flag, but this may be nearly completed.

In short buy this stock up to 380p.

I hate the stupid full stop in the EPIC code for this symbol.
Penafian

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