Tuesday, 16 May 2017

Jumbo - A Throwdown.

I am watching how Jumbo is being thrown down by sellers. The stock is bearish with so many sellers waiting to short and retailers wanting to cut loss. The stock as of now still looks a little bearish but maybe soon due for a rebound? The timing to catch the rebound is important as should one try to catch the bottom at the wrong price, wrong time, the stock can tank further depending on how much more supply would present. Jumbo used to be a growth stock and it's a good stock. I will watch this stock closely for a turn but not now. I will post on this blog live should I see the turning point. Visit this blog everyday and stay tune!

Ronald K - A Game Changer