JYNT
WATCHING $JYNT for ENTRY TARGET @ 76.91WATCHING $JYNT for ENTRY TARGET @ 76.91
I will repost when it get’s closer (or if I take a position)if it goes that way and if it makes higher highs I’ll repost with new entry.
Look to the right. ENTRY target in grey. Sell target in green. Double position target in red. That’s it. I’m starting to also add in a few support levels to add as well.
US Stock In Play: $JYNT (The Joint Corp)$JYNT closed at a new all time high of $57.73, with a run away gap up pattern (+2.54%) in the latest trading session. $JYNT was first highlighted on 29th January at $26.50.
With $JYNT exceeding the price target of $55.50 from the recent Symmetrical Triangle chart pattern breakout (+30.76%) highlighted 2 weeks ago, the price action of $JYNT remains clear with no signs of weakness. $JYNT has confirmed that its next quarterly earnings report will be published on Thursday, May 6th, 2021 (Post Market). Earnings conference call will also be held on the day itself.
$JYNT develops, owns, operates, supports, and manages chiropractic clinics in the United States
US Stock In Play: $JYNT (The Joint Corp)$JYNT continues its price ascend of +19.55% over the past week, after making a breakthrough from its month long Symmetrical Triangle chart pattern. The closing price of $JYNT is at $53, $4 away from the last established high that was highlighted previously. Market capitalization of $JYNT remains below $1 Billion in valuation, with current trading price equating its market capitalization at $726 million.
At the current junction, $JYNT is trading at its all time high with no signs of witness during the run up over the past two days. The projected target from the mentioned breakout of its chart pattern is at $55.50, well within a sessional ATR away from its current daily implied volatility.
$JYNT develops, owns, operates, supports, and manages chiropractic clinics in the United States
US Stock In Play: $JYNT (The Joint Corp)$JYNT share price surged by a further +18.74% since our update two days ago. This totals up a gain of +81.21% since $JYNT was first highlighted in January. With market remaining muted since the opening week, $JYNT have continue to defy expectation with increasing buying demand, trading at all time high on both share price and implied volatility ahead of its Q42020 earnings to be reported tomorrow morning (after the market close).
$JYNT develops, owns, operates, supports, and manages chiropractic clinics in the United States
*Correction on earnings date of $JYNT for previous postings. It should be 4th March 2021 after market close, instead of 11th March 2021.
US Stock In Play: $JYNT (The Joint Corp)With $JYNT attracting one of the most viewership count for our trades since it was first highlighted in January 2021, I will be doing a periodic update to $JYNT ahead of its earnings on 11th March 2021.
$JYNT shares soar further by +4.02% at the close of yesterday’s session, closing at $41.41. This totals up a gain of +51.80% since $JYNT was first highlighted in January. The latest price action reflects a Bearish Shooting Star candlestick signal, on low transactional volume. This shall bring caution to existing investors of imminent consolidation, or price correction in its recent rally.
With implied volatility incrementing by a further +5% to a range of $2.10/day, it is plausible to see $JYNT breaking out further from its current consolidated price action ahead of its earnings on 11th March 2021.
$JYNT develops, owns, operates, supports, and manages chiropractic clinics in the United States
US Stock In Play: $JYNT (The Joint Corp)$JYNT further its ascend via a breakout of its Bullish Flag pattern, establishing a new all time high closing at $38.99 this week, a total accumulative gain of +45.94% since $JYNT was first highlighted in our initial opening position.
With price volatility penetrating through its all time high level at $2/day, it is plausible to see $JYNT breaking out further from its current consolidated price action ahead of its earnings on 11th March 2021. The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics in the United States
US Stock In Play: $JYNT (The Joint Corp)$JYNT continues its ascend, establishing a new all time high closing at $35.10 this week, a further +6.81% increment from the previous week highlight. $JYNT is currently exhibiting a Bullish Flag technical structure, implying a further surge of its share price to another new record high is imminent.
With price volatility penetrating through its all time high level at $1.60/day, it is plausible to see $JYNT sustain its current rally ahead of its earnings on 11th March 2021.
US Stock In Play: $JYNT (The Joint Corp.)$JYNT established a new all time high closing at $33.04, expanded from its 3-base contraction pattern breakout since early November 2020. This week’s cumulative gain of +10.04% have $JYNT outperforming the broad market indices without any signs of technical weakness.
With price volatility penetrating through its all time high level at $1.50/day, it is plausible to see $JYNT initiation of a parabolic rally ahead of its earnings on 11th March 2021.
