Jubilee Platinum to Break Down
By
Azeez Mustapha
PUBLISHED:
Apr 19 2016 @ 06:43
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More info about Azeez Mustapha
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.
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