Jubilee to run up in the near future

14 באוק׳ 2022

Bullish Falling wedge
Right now Jubilee is still in a range (Falling Wedge)
The sign that it'll break up is based on the previous uptrend. Price has been coming down but on a very low range and it doesn't seem quite convicing.
I want to say if the price breaks up we could see a target of R4.23
CONCERN
If the price breaks down, we could also see a target of R1.18
The analysis is neutral right now, but I'm leaning more to the long (bullish) side.