Jumbo – [ Started Its Move Up]

29th January, 2018, 8:21 PM

Jumbo – [ Started Its Move Up]

Jumbo 29th Jan 2018

Chart Source : Poemsview 29th Jan 18

Jumbo as mentioned just last Friday had another move up today reaching our resistance of 0.645 before coming to a stop.

If Jumbo manages to cross the resistance of 0.645 and staying above it then we might see the next target of 0.665.

Our protective stops are in place!

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Yours

Humbly

Kelwin&Roy

Jumbo – [ Fueling Up For Cny?]

26th January, 2018, 3:01 PM

Jumbo – [ Fueling Up For Cny?]

Chart Source : Poemsview 26th Jan 18

Jumbo broke out of our long term downtrend resistance line. A nice healthy volume is coming in too.

Staying above the downtrend line of 0.62 might see our next upside target at 0.645 then 0.665. It is currently also above the 200ma which is a good sign to us..

Our Support would be at 0.59 horizontal support where we first spotted our entry. Which is now the resistance turn support.

Could Jumbo be running before Chinese New Year? More festive dining could mean better profits in the next quarter.

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Yours

Humbly

Kelwin&Roy

Jumbo

14th August, 2016, 12:15 PM

Jumbo posted a good set of results on friday after the closing bell

http://www.businesstimes.com.sg/companies-markets/jumbo-q3-fy16-bottom-line-doubles-to-s34-million

So whats next? Jumbo closed at 0.67 on friday reaching a high of 0.68. We continue to see upwards momentum due to strong earnings but would not be loading big as stock have ran up prior to results so some of it might be factored in already. We’ll stick to our plan as previously posted.

Have a blessed trading week ahead

Yours

Humbly

Jumbo, Yummy =)

11th August, 2016, 12:57 PM
Jumbo Aug 2016
Jumbo Aug 2016

Yummy chili crabs =) We were sharing this stock with our clients on 5th aug at 0.63 to take a look and again on 8th aug hopefully some pocket money to go eat some crabs.

MSG.png

So where to next? We’re thinking that the 0.675 might break with some volume coming in. If that breaks we might see next upside to 0.72 cents so there might still be some meat left but of course we’re not expecting a straight line up. If you entry now do take note of your lot size do reduce it as this stock has ran quite abit. Stop loss would be 0.65 if its tight or 0.625.

Yours

Humbly