Stock: JFC
Company: Jollibee Foods Corp.
Support: 190.00 / 185.00
Resistance: 217.00
- JFC is consolidating at its support level at 190.00 (EMA50).
- Trading in oversold level with minimal volatility range.
- Bouncing from 190.00 level might open opportunity for range trading.
Recommendation
- Range trading.
- Target price: 217.00 (Recent high).
- Stop loss level: If falls below 185.00.
