Jumbomall JUM


Jumbomall JUM

A flag is potentially in the process of forming with JUM; a bullish signal. Now we can forecast how the low of the flag may form, with a potential higher bottom (flag low) at around 40 to 45 cents. Volume is looking much better on JUM; it should be lower on the retracement, than the move up, to help confirm the bullish pattern and sentiment for the stock. Note that the time frame here is daily.

Given the nature of internet stocks, and the deals being done in this entrepreneurial field, we may see quite a number of flag patterns emerge.

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