JGS, Stock Analysis 
1 Comment JGS went up today and it looks like its not yet done going up. White Marubozu confirms its bullishness and may soon test the resistance at around 40. RSI pointing upwards and still in a very healthy state. Caveat!
JGS, Stock Analysis No Comments Looks like JGS is off to a good start last Friday when it bounce near the 38.2% Fibonacci Retracement level. Now it is facing the wall created by 23.6% level, will it be an easy wall to break? Looks like the 3 last candlesticks formed a Morning Star. . The Morning Star formation starts with [...]
JGS, Stock Analysis 1 Comment Possible pull back for JGS as it shows a reversal signal by way of the Long legged Doji near the middle band of Bollinger Band. JGS is in a downtrend for a few days now after the Hanging Man cue last week. Is it time to reverse for possible run to all time high? As [...]
JGS, Stock Analysis No Comments Looks like we have a bad signal for JGS. Price movement today formed a Shooting Star candlestick. Although this is a low reliability indicator, one should consider monitoring the movement of this stock tomorrow. A reversal from bullish trend may occur if this will be confirmed by a large red candlestick, a gap down or [...]
JGS, Stock Analysis 1 Comment Impressive recovery for JGS after it went down with a gap last 25th of September (Selling pressure on JGS?) when we saw a Hanging Man. October 2 when it made a strong rally smashing the 23.6% Fibonacci retracement level (resistance) and since then the bulls has taken charge until gap was closed. Closed at 34.55/share, [...]
JGS, Stock Analysis 2 Comments Since August 6 JGS is pretty much doing well from around 32 per share to above 34. But today’s candlestick reminds us to be careful. Today’s candlestick looks like a Hanging Man. The Hanging Man is a bearish reversal pattern. Since it is seen at the top of the uptrend, a Bearish Hanging Man Pattern [...]
JGS, Stock Analysis No Comments For JGS (JG SUMMIT HOLDINGS, INC.)there was a sell off. Price going down with relatively big volume and it happen to break the support around 32.18 Fibonacci retracement level. The price level today is the same as that of July 18 so it might rebound. From July 18 to this date actually I consider it [...]