Reference Chart – JFC

November 6, 2013 at 12:55 pm Leave a comment

Previously we hinted JFC’s pushed was shrug off by its relative strength index (RSI), suggesting bearish divergence. Thus its supposed triangle breakout got whip.

last Oct 25th, we featured JFC’s Super Cycle Parabolic. A monster parabolic that started 2002. The mother of all chart patterns, Parabolics are known leapers in a stair way but a jumper in a window.

Here’s the update:

So far, nothing yet that trigger a concern except that JFC’s attempt to move higher was met by bearish divergence. Check below JFC chart what does a divergence looks like.


Looks of a divergence.


Entry filed under: Phisix's Closet (PSEi). Tags: , , , .

Reference Chart – ALI Reference Chart – SMPH

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