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JG forms Upper Bollinger Band Walk on August 3
On Monday, August 3rd, JG moved down 8.21% while volume shrunk to 0.3× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 4.83, 4.52 & 4.08, with resistance at 5.57, 6.01 & 6.32. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of JG: D
Just a sneak peek — check SwingTradeBot.com for the full story on JG.
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