JST pumped 45% after breaking out of the ichimoku cloud, and bullish signal of the Supertrend Ninja - Clean (green vertical line). It crushed several resistances. Currently RSI, Constance Brown RSI and the CCI are all over overbought. Taking positions right now is extremely dangerous and have an unfavorable risk to reward (R:R). I would expect a correction first before possible another leg up. Currently JST is on wave C.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading. Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
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