JOAN BREAKDOWN
Here we have JOAN, making higher highs and higher lows constantly though these past couple months prior to their IPO. We are currently in the middle of their channel waiting at a short term support level to see if we get a fall down to the bottom end of the trendline or continue to POSSIBLY breakout to new ATH's which is what we are thinking over here! Recently they have CRUSHED earnings and also announced earnings making this a complete no BRAINER! RSI is still bullish, watching for a nice bounce off the 30 MA.
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