Hey guys , NASDAQ:JKHY has formed a bearish expanding flat with lower degree trend continuation structure.
This is an ascending scallop and price is entering a small bearish phase of the scallop I expect this to move down to a stronger trend line up and bounce off that line Bars pattern shows my thoughts
Buy side, buyers imbalances into end of day. Long. Friday likely big day.
Fundamental Indicators: Sector – Technology US Business Cycle Stage – late cycle, when this sector is the least favourable Revenue - consistently growing since for the last 10 years, average 5-year rate at 16% Profits – 2022 TTM shows 13% increase compared to 2021 Net margin – a good level of margin with 18% P/E – quite high at 42 compared to...
Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied. Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied. Leave your thoughts in the comment section, I will reply to every single one of...
NASDAQ:JKHY may experience more downside in short term. Stock looks relatively weak in 2019, and after reaching corrective waves retracement targets, may go much to ~110$. Entry: below 135.4 (or current level for more aggressive and less reliable trade) Stop: 144.38 Target: 110-120 (depending on how trade developes furhter)