Look for double bottom – good signals at moment for reversal
JANGADA MINES PLC ORD GBP0.0004 LSE:JAN
Will look for a double bottom to do a bullish divergence before a stronger bounce.
Quite oversold and should start building momentum very soon. news will also help to bring extra sentiment.
some bullish divergences happening bit by bit as buying volume comes.
a few MA’s to break on the upside so it might take a while to adjust but eventually it should start reversing.
non-bias as I don’t hold any shares but see an opportunity coming very soon.