JFC
The breakout from the small downward channel for JFC was a bull trap. The price moved lower than the support to as low as 46.50. It is currently approaching another support level at 46. If support at 46 holds, then we might be able to see a pull back towards 48-50. The possible H&S and ascending triangle formation is still intact, so this stock still has hope, but not for now, we’ll just have to wait till the 52.50 resistance is broken.
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