Chart.ly Chart of the Day: Jamba Juice JMBA

  • Posted by
  • on March 5th, 2010
ldrogen

Today on the Chart.ly Chart of the Day we take a look at Jamba Juice $JMBA with @finclyde.  Jamba Juice broke a major downtrend line a few days ago on heavy volume.  The consolidation pattern seen since October was on very light volume, $JMBA got very quiet towards the apex of this symmetrical triangle.  A move up to the highs around 2.20 looks imminent, wait for some consolidation above $2 and take another shot to the long side, this has all the looks of a big winner.


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