JLG.ASX_Bullish Pullback Trade_LongENTRY: 8.92 SL: 8.46 TP1: 9.37 TP2: 9.65 - ADX>20 - Daily RS +ve - Daily FFI -ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned - Breakout on 22 Apr 2022 but pullback to 20EMA. - Entry based on >2% rebound off 20EMA with volumeLongby TRADER-WANNA-BEUpdated 0
JLG long after breaking out of all time highEntry: 9.22 Stop loss: 8.82 Went long in the counter after it broke out of all time high supported by above average volume. Would have preferred a better close though.Longby TheTradingBayPublished 1
Australias Johns Lyng Group TrendingJLG showing a buy signal again on the SuperTrend. Its been such a consistent performer for years and after a recent pullback looks to be continuing its run. Worth a watch.by zAngusUpdated 19
JLG @ 2 NOV 2021Text me if you have any questions/comments for me. ----- JLG - First time doing a written analysis on JLG - During the 17 Oct Facebook livestream, I suggested waiting for the stock to successfully breakout - Stock has since broken out, but the price action is not accompanied with high trading volume - If you didn’t catch the stock before this, there isn’t any good setup for entry - Price is far from the short-term support - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful reboundby Jerm88Published 0
$JLG:ASX - Johns Lyng Group - New Highs Through ResistanceJohn Lyng is an old favourite in the building industry. Now it is through that resistance area, could have a bit of momentum behind it looking at some of the other indicators. Nice couple of breaks on the bollinger with volume. Could be worth a watch. Longby zAngusPublished 3
$JLG:ASX - Johns Lyng Group - Up 120% and resuming its run.JLG provides building and restoration services in Australia and has been having a great run since late 2018 where its price has risen steadily by around 200%. It has had a couple of recent pullbacks but looks like it could be resuming its run with good volume, an RSI showing value, and we can see interest in the stock is higher than normal. Could be worth a watch. It operates through following segments: Insurance & Building Restoration Services, Commercial Building Services, Commercial Construction Services and Other. The Insurance & Building Restoration Services segment engages in building and restoration jobs. The Commercial Building Services segment offers commercial glazing, commercial flooring, shop fitting, hazardous waste removal and emergency domestic services. The Commercial Construction Services segment includes traditional commercial building activities in Victoria. The Other segment includes unallocated corporate overhead costs and a start-up recruitment and labour hire business which undertakes jobs on behalf of the Group and external clients. The company was founded in 1953 and is headquartered in Doncaster, Australia.Longby zAngusUpdated 6
$JLG any volume coming in on next week above 1.88 is game on.super chart, the pressure is... upwards. Stock is prone to shakeouts be the only warning I can see. Looks toight tight like a tiger. Launch.Longby HodgoUpdated 118
JLG - breakout but needs volumeNice chart structure but underwhelming volume. Im keeping an eye on it. Longby HodgoPublished 6
JLG longJLG forming right side of IPO base. Support area 1.20-1.22 holding well. Would like to see it hold the 20 day line and push on volume.Longby dpool135Published 0