Long
Just Energy Group Technical Analysis and Strategy
Huge gap between resistance and support making it extremely volatile. Panic selling bottomed just above its 50 day MA. I strongly believe its going to try and break resistance 1 again, if it does we are in bull trend and next target will be resistance 2.
Now why this matters? Simply risk reward analysis at current price is totally worth it
Now why this matters? Simply risk reward analysis at current price is totally worth it
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