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Is JEM gaining bullish strength? Upper Bollinger Band Walk shows up after surging 11.84%
On Wednesday, June 17th, JEM moved up 11.84% while volume shrunk to 0.5× the usual levels. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 2.33, 2.1 & 1.97, with resistance at 2.69, 2.82 & 3.05.
Current SwingTradeBot Technical Rating of JEM: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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