7 January 2017, Saturday, 12.15pm Singapore Time
Attached above is the technicals of Jumbo, a stock that is listed in the SGX Singapore Market. Jumbo is a stock that has moved up per my 2016 bullish warnings that markets are bullish and that smart monies worldwide will go into quality stocks all over the world first. Next in line will be the mid caps play as well where more smart monies will be poured into worldwide.
Based on price actions and volume flow as illustrated on chart, smart monies continue to be strongly invested in the stock with huge amount of smart monies' selling absorption based on volume flow. Jumbo continues to be a healthy and quality stock with plenty of upside. Very bullish for 2017.
Based on price actions and volume flow as illustrated on chart, smart monies continue to be strongly invested in the stock with huge amount of smart monies' selling absorption based on volume flow. Jumbo continues to be a healthy and quality stock with plenty of upside. Very bullish for 2017.
LONG TERM:
UPTREND
MID TERM:
UPTREND
SHORT TERM:
UPTREND
Technicals:
Strong Stock, Strong Company.
DNA Technical Rating:
Very Bullish with more upsides to come in 2017
Note:
【Worldwide stock markets to have super rally in 2017 as forewarned during the start of 2016】
【There will be a rising tide that raises almost all boats in the stock markets all over the world】
【There will be a rising tide that raises almost all boats in the stock markets all over the world】
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