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JKHY

Bullish divergence and False Break on JKHY on DailyStrong upwick bar, bouncing with fb from 170 support, bullish div on many indicators, expecting rise up to 1 ATR TP 177,49 E 172,37 SL 169,07 Good bullish div, one remark: 4H TF is still in downtrend, 13EFI is still not showing much strength. Also, the impuls on weekly is still red, but Factor 3 is blue , so I'm okay with that, also because the movements are close to the flat EMA's on the weekly. Furthermore, the bullish div is showing a false break. Trade #00011 Results so far: 6 from 10 worked out. Hitrate: 60%
NASDAQ:JKHYLong
by Tornado_Trading
1
JKHY – Reversal of Trend with 30% Shorting Opportunity?Fundamental Indicators: Sector – Technology US Business Cycle Stage – late cycle, when this sector is the least favourable Revenue - consistently growing since for the last 10 years, average 5-year rate at 16% Profits – 2022 TTM shows 13% increase compared to 2021 Net margin – a good level of margin with 18% P/E – quite high at 42 compared to S&P500 with 21 and Technology sector 20 Liabilities - debt ratio is at 0.42 which is within normal limits, Net Debt/ EBITDA is at 0.29 – no problems with debt Conclusion – still good financial performance but PE ratio is quite high, and correction is long overdue in the current market conditions Technical Analysis (Elliott Waves): Main scenario of this idea suggests that we are still observing development of the global growth cycle which is currently at the stage completing wave 3 of the final fifth wave (see higher timeframe graph) The corrective wave that was formed since August 2020 can be clearly identified as Contracting Triangle which has culminated in January 2022 with wave E Since then, we can see a very choppy bull run which is often a sign of an Ending Diagonal and in this case, it is an Expanding type where wave 1 is smaller than wave 3 and wave 3 is smaller than wave 5 This is a higher timeframe to reflect the full history of JKHY and to provide full wave count: What do you think about JKHY and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks
NASDAQ:JKHYShort
by vitalalyt
JKHY ANALYSIS 10.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied. Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied. Leave your thoughts in the comment section, I will reply to every single one of them. _____________________________________________________________________________________________________________________________________________________________________
NASDAQ:JKHY
by basictradingtv