Wednesday, January 24, 2018

JFC price action update

Jollibee Foods Corporation

JFC remain toppish as it continues to tiptoe the resistance line of its upward price channel. Yesterday's candle also formed up a Bearish Harami pattern, a potential sign that the current uptrend is slowing down or may soon come to an end.

Trading Plan
- Avoid for now.
- Please see previous analysis for other potential action to take.
https://psetrends.blogspot.com/2018/01/jfc-looks-toppish.html


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