JHM below $0.40 by 12-Feb-2016

  • target price: $0.40 ( -8.05 % in 11 days)
  • price when predicted: $0.44
  • current price: $3.07
  • 620 days pass target date.
In overall, this stock is in its sideway. It made uptrend and downtrend but only limited to its sideway resistance & support level. Currently, this stock is making its sideway-downtrend. But, piercing pattern has formed and this maybe an indication that the price will go up. With the price is lower that its real value, genuine buyers are coming in and it is already overbought, indeed it may going up. However, with the price volatility converging, its bearish momentum not yet at its peak, the fact that its already broke the previous support level and it does not yet finish making its sideway-downtrend, the price will next continue its sideway-downtrend movement to at least reach until $0.40.
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