Long

JWEL [Medium-term analysis]

Updated

[REQUEST] Looks like Jamieson Wellness could have a bullish Q4 of 2017, looks to be in a wave (ii) of 3 which should go to 2.618% or 4.236% (wave 3), however the substructure of the 3rd wave has not had an extension yet and looks to be retracing a wave 4 on the shorter-time frame, so there is a high probability of a wave 5 extension after the (iv) wave support has been made. Good entry would be at either of the aqua fibonacci's with a S/L below the HL. Trend is still up because has not violated any significant HL's, will update if we do break and close below one however.

Thanks.

Trade active

I have just noticed on the chart I labelled the LH when it should be HL. My apologies.

Trade active

$24.87 as next support.

Godly

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