Wednesday, February 15, 2017
JKH - Very good chance to break 150 but 1st the consolidation......
JKH could not pierce through the 150 resistance point as expected. It retraced and just kissed the 100 sma on the 15th. Present expectation is that the price would consolidate between 147 and 145 or minimum 143.50. Thereafter expect it to move beyond 150 and move towards 158. With this I expect that the ASI too would extend northwards. Let's see how things would unfold.
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