JKH.N0000 - Key fib levels in monthly chartJKH is consolidating in golden pocket now. It should close above golden pocket to keep bullish momentum.In next few months, Next support will be around 0.5 fib level and resistance will be 0.718
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JKH
JOHN KEELLS HOLDINGS PLC (JKH.N0000) at Strong Support ZoneEntry Point: 132 to 136
Profit Target: 175 ( Short Term ), 215 ( Mid Term ), 400+ ( Long Term )
Stop-Loss: 127
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
BUY JKH HELLO TRADERS,
as we see, JKH is in bullish trade all the time, and we had broke with force R1 which is wake resistence , and the price will move until R2 that is not that strong one, in that case probabilities of having a bearish trade is 40% that mean the market will filter wake seller, then market will continue in bearish trade until R3, and there we have a probability of 80% to have a bullish trade cause its very strong resistance,