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Tuesday, April 19, 2016

Jubilee Platinum to Break Down

Jubilee Platinum stock (LSE:JLP) is clearly a rough and volatile market, also caught in an equilibrium phase for the past several months. Right now, there seems to be a breakout to the downside.

The price has gone below the lower Trendline, as the RSI period 14 is below the level 50. This is a “sell” signal and it is possible that the price goes further to test the demand levels at 2.50, 2.00 and 1.50 within the next several months.

Jubilee Platinum has a bearish indication on it and it is possible that the price would go down and down.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

What Super Traders Don’t Want You To Know: Super Traders


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