JDMT — Round 2 in Play | Targets: 130 / 175 / 192
CMP: 102.02
JDMT appears to be entering Round 2 of its bullish cycle after a strong impulsive move followed by a healthy correction. Price has held above the rising support trendline and bounced sharply from the 85–90 demand zone, indicating continued accumulation. The recent recovery suggests buyers are stepping back in, with momentum rebuilding after the shakeout from highs. Immediate support lies at 86–90, and as long as this zone holds, the structure remains bullish. On the upside, key levels to watch are 130 (initial supply), followed by 175 and 192, where previous rejection occurred. A sustained move above 110–115 will further confirm strength and continuation.
Disclaimer: This is not financial advice. Trade at your own risk and always use proper risk management.
CMP: 102.02
JDMT appears to be entering Round 2 of its bullish cycle after a strong impulsive move followed by a healthy correction. Price has held above the rising support trendline and bounced sharply from the 85–90 demand zone, indicating continued accumulation. The recent recovery suggests buyers are stepping back in, with momentum rebuilding after the shakeout from highs. Immediate support lies at 86–90, and as long as this zone holds, the structure remains bullish. On the upside, key levels to watch are 130 (initial supply), followed by 175 and 192, where previous rejection occurred. A sustained move above 110–115 will further confirm strength and continuation.
Disclaimer: This is not financial advice. Trade at your own risk and always use proper risk management.
TradeFlow Advisors
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
TradeFlow Advisors
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.