Jubilee Metals (JBL) - Closing Long Idea at +156%
10 Months later and +156% higher, my long idea is closed.
For those who know me and have closely followed my analysis over the last few years know that I make frequent use of the monthly chart in long term decisions. This was the case with JBL where my buy/long in October of last year (see attached) was based off the monthly chart, suggesting an extending time frame/holding period.
I've been having a look at monthlies quite a bit lately and I think re-introducing similar ideas would be be beneficial for clients with long (equity portfolio type) time. For more info on how I make use of, and interpret the monthly chart, get in touch today.
Published at: 135c
Last Close: 346c
For those who know me and have closely followed my analysis over the last few years know that I make frequent use of the monthly chart in long term decisions. This was the case with JBL where my buy/long in October of last year (see attached) was based off the monthly chart, suggesting an extending time frame/holding period.
I've been having a look at monthlies quite a bit lately and I think re-introducing similar ideas would be be beneficial for clients with long (equity portfolio type) time. For more info on how I make use of, and interpret the monthly chart, get in touch today.
Published at: 135c
Last Close: 346c
