Jupiter Infomedia - Ready to breakout for a good move!

2 nov

Jupiter infomedia made a tall pole breakout last year and since then it has been consolidating. Stock has shown great volume during the pole construction and even during the consolidation volume has shown growth with small spike regularly.

Stock is now showing potential to come out of its range and breakout from the flag pattern.

CMP 41
Potential upside of about 40%
Watch out for breakout before you dive-in

Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.