JMART trade ideas
JMART has a similar price structure to TSLABased on the recent movement of JMART price, it has experienced a decline of over 61.8% retracement. As a result, it is highly likely that the price will reach the target price of 18, which represents the next level of retracement.
Nevertheless, I personally believe that JMART has the potential to become a future stock leader of Thailand, similar to TSLA , provided that it can rebound from the same retracement level as TSLA .
JMartfrom RSI monthly may be its safer to buy when u feel unsafe ?
Everything on chart, Trade safe n fun
JMART | Wave Projection | Target Downtrend Reversal BreakoutPrice action and chart pattern trading setup
> Contracting Wave Channel pattern with downtrend target around the corner.
> Entry @ minor downtrend channel in daily timeframe breakout above SMA200
> TP1 @ wave (3) position
> TP2 @ wave (5) III position for medium term
> Stoploss @ SMA200 downside -9% RRR: 2:1
Indicators signals not shown here:
> Smart money volume support
> Banker chip entry signal
Jmart Day 48.75 (at the end of the road, prepare to go down)Jmart Day 48.75 (at the end of the road, prepare to go down)
+1. Price Arrival at the end of the road 2.618%
+2. The 50.50-50.75 line is a significant resistance.
caused by the overlapping of the Fibo line
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Sell strategy
First target 45.75-46.50 if unable to stand down
Target two 42.75-43.25
Nice Uptrend pattern for JMARTLong Jmart at 36.5 or someshit, If price stay above EMA with this momentum from STO UP and CMF+CCI it will hit 1st target@42 and 2d @ 48
No sl Yolo
JMART breaks 52 weeks high againThe stock volume and trend is decent. The only question is whether it can break all-time high resistance and continue this long uptrend or not.
