Timonrosso

Jubilee Metals Carnage continues to 75 cents - Updated

שורט
JSE:JBL   JUBILEE METALS GROUP PLC
Sorry the previous chart was too far zoomed out...

Since we sent out the first analysis with Jubilee. The price was trading at 205cents.

Today we're looking at 134 cents for the Co.

The momentum is still very much down and the target is still to 75 cents.

It's sad to see companies that traded ov er R20 to under R2 today. And the fact it's been fighting it's life since the financial crisis...

By no means, would I ever invest in a falling piano company despite how good the price looks.


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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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