Why I am buying JDW?
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see the details on the chart.
Fundamentals, back into profit, sales up, good national company, strong buying power, very good track record, due to covid and cost of staff/utilities/inflation took a hit recently, but its on the uptrend.
Technical is on the charts.
As always its not an advise, please comment if you like or dislike my take on it.
Fundamentals, back into profit, sales up, good national company, strong buying power, very good track record, due to covid and cost of staff/utilities/inflation took a hit recently, but its on the uptrend.
Technical is on the charts.
As always its not an advise, please comment if you like or dislike my take on it.
Nota
RSI oversoldMACD crossing over
Its definitely a long term hold for me
Nota
S@790ish and B@715ish againNota
800 is a strong resistance & FIB.61 levelUPTREND
MACD crossing over on weekly
already crossed on Daily
RSI just under overbought area Daily
Weekly @58ish uptrend of buyers
Price Volume trend is going higher to support that
Expecting it to break 800 level and stay above it
Fundamentals - debt is going down
revs up & earning up, just showing profit after COVID
Nota
Penafian
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